To: E_K_S who wrote (48995 ) 3/19/2013 5:15:00 PM From: E_K_S Read Replies (1) | Respond to of 78715 Copper Mountain Mining Corporation (Toronto: CUM.TO/CPPMF) - Upped position by 50%Samson Oil & Gas Limited (AMEX: SSN) - Upped position by 25%Corning Inc. (NYSE: GLW) - peeled off some high priced sharesOrganovo Holdings, Inc. (Other OTC: ONVO) - Started a small starter "speculation" positiongoo.gl Upped my position in CPPMF by 50%. Company came out w/ 10K yesterday which I thought was quite good. Operation is online and the company generated a profit. The company currently sells at an 8 PE. In their report, they need to spend more capital to build out their crusher facility as they have too much good ore that needs crushing and processing. This is limiting their capacity by as much as 25%. New equipment should be in operation in 90 days. This is also a $US play as you buy this company in $CAN. $US is getting stronger so I am able to buy a few more shares for the same amount of dollars spent last year when I started my position. Took some of my MHR proceeds and upped my SSN holdings by 25%. For me, it's their land holdings and I can buy them now for 50% of what I had paid last year. Wells are coming in, but they are still doing "test" wells and developing an efficient spacing/platform combination before developing their production site. If all goes well, this s/b a multi bagger but they must execute. They have a history of going over budget so they need to bring in the project on budget and at their estimate. Peeled off a few of my high priced shares of GLW. Will buy more shares in 31 days which should bring down my average cost. This is a true value buy on many metrics; PE, BV, Graham No., low long term debt to Net Income. The stock just has not participated in this rally. Maybe w/ the next leg up, buyers will discover this one. ONVO is a "value" play to me, for their emerging technology and very smart scientists. This company was MIT Technology Review's 2012 TR50 List of the World's Most Innovative Companies . The risk/reward is pretty good considering they do generate income now but the real money is made the back side royalties they can earn if/when their systems are deployed in the many Pharma R&D labs around the world. My decision to start a position was based on their business model as explained in this Seeking Alpha article. 3D Systems Scrutiny Highlights Promise For 3D Bioprinting The revolutionary bioprinter offers the pharmaceutical industry an opportunity to potentially disrupt the standard by which new drugs are developed by providing better safety and efficacy solutions with its 3D functional human tissue. Preclinical models would be more accurately embodied by printed 3D human tissue rather than cells in a Petri dish or animal systems. The company has taken a step towards validating these 3D human tissues for the drug development process by partnering with ZenBio, a leading provider of advanced cell-based solutions and services. For its contributions to the discovery process, Organovo would receive future rewards, in royalty payments. This has already been established in the company's current partnership with United Therapeutics (UTHR). If 3D human tissues can replace the traditional standards by which drugs are developed in preclinical trials, Organovo would be taking a cut out of every approved drug that the pharma industry or academia bring to the market. This lucrative model would provide ONVO with unbelievably high margin royalty stream and minimal costs of production. Instead of production costs, the company would be allocating its expenses towards R&D and employee salaries, both of which offer some sort of return to the business. Pharmaceutical Research and Manufacturers of America (PhRMA) estimates its members spent approximately $50 billion in 2011 in discovering and developing new medicines. It is evident that the largest pharmas are willing to spend billions to get a drug into the market. If ONVO can assist in increasing the success rate of approvals with its platform, royalties will be a trivial price that pharmas are prepared pay. ------------------------------------------------- I typically do not invest in any Bio-Tech companies because they are difficult to value. I see ONVO as a complement to my Pharma holdings (about 7.5% of the portfolios). Together, if ONVO can get a foot hold into helping them in their drug discovery programs(s), they will both win. PFE is already working w/ their equipment. ONVO issued their 10K earlier this week and it looked very promising. EKS