SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Trooper Technologies Inc. (TPP.V) -- Ignore unavailable to you. Want to Upgrade?


To: Grant MacMillan who wrote (1210)5/16/1998 1:17:00 AM
From: Clement  Respond to of 2090
 
Grant,

> It seems to me that a company worth investing in for the long haul
> should be able to operate more independently than this one seems to
> be able to. I'd love to be convinced otherwise so please share your
> thoughts.

Actually I took quite the opposite view. One of the reasons that I invested in TPP was the very fact that they are a buyer and implementor of technology rather than a producer. As a buyer (provided of course you are a price sensitive and selective buyer), you do not have over reliance on any one technology nor do you have to spend considerable amounts of long periods of time developing the core technology.

For instance, as a sidebar on management theory (this is my personal opinion), I think if a company is faced with a new technology, it is much easier for an arms length related company who merely purchases technology to move on, instead of placing their bets on a failing technology because of internal loyalties.

As the years go by, there will be many more competitors with similar technologies. TPP will be in an ideal position to buy the best aspects of each of those technologies whereas other companies will be more inclined to spend the money themselves risking the possibility that nothing will come of their R&D efforts.

> which is why things have ground to a halt over the last six months.

I would disagree with you here. In this case TTRIF is a company that is unwilling to honour their contractual obligations. It is like any company, when a valuable resource is withheld, be it labour, capital or technology, you have delays. I consider the price paid for the technology a fair one and perhaps worth the delays. Conversely TPP would have to build an infrastructure for the development of the technology -- which could be quite costly.

Clement



To: Grant MacMillan who wrote (1210)5/16/1998 2:37:00 PM
From: barry bushell  Read Replies (2) | Respond to of 2090
 
Ah Grant, you touch on an interesting topic when you write, "A company worth investing in for the long haul should be able to operate more independently than this one seems able to."

A few posts back, Tom Kinakin wrote, "Trooper will be a huge success with or without Thermo Tech." I asked Tom to elaborate, but he hasn't done so. But doesn't the phrase "with or without Thermo Tech" sound like more independent operation to you?

So does Tom Kinakin know more than he says? With TPP, we have a stock with a share price that has been less than 2.00 (and is, therefore, a speculative stock) coming out of the VSE (some say nothing good ever comes out of the VSE) with no earnings, no patent, and a legal dispute that could go on indefinitely.

And yet Tom Kinakin is building a large position which is going to make him wealthy in his retirement. Tom is very grateful that this opportunity has presented itself to him at this point in his life.

And, coincidentally, the share price has been rising markedly.

So what gives? Is Tom on to something?

Barry Bushell