It’s amazing the number of scam whatapps groups keep popping up on my feed. People I follow being replicated with fake accounts. How the hell is it that Ai can’t put a stop to this? @elonmusk I’ve even heard from followers of mine who have been scammed. I think it’s time to prevent new accounts from being created that use people’s photos, replicate their bio’s and often retweet or repost the exact same messages to fool people.

A nice strongly positive monthly candle works too!

$hg $hgraf data says it can make plastics 50% more recyclable and reduce the use of it by 30%. This should be a massive global story. But instead we are caught up in political battles and religious and ideological wars. I got to believe that as these contracts roll in the company will get the mainstream attention it deserves. How do you even put a value on reducing global plastic use by 30%, making products last 2-3x longer and be 50% more recyclable? Just this one set data points on one application is so damn huge it’s crazy. The market hasn’t even begun to digest this. It’s like a biotech that announces they have a proven cure for cancer and all the data. They are building out pharmaceutical production. And critics are all pointing to the lack of current revenue and past R&D expenses. lol It’s impossible to predict how big a following this company is about to get because of its plastics business. On top of this there is huge potential in battery tech, super capacitors, actuators, coatings, concrete, lubricants, textiles. On and on. Craziest story I’ve ever come across. No company I’ve ever heard of has a larger potential TAM (total addressable market) Seriously… I cant think of one ever that could have more profound world changing potential. Sorensen says they are gonna change the world. I’m so ready to see the contracts roll in and him get the Nobel prize he deserves

Great companies often look expensive for years if not decades. Shareholders sometimes get it right early on and therefore stocks look expensive because they aren’t matching up with current earnings. Instead they are trying to price in valuations that will result from earnings 5 or 10 years ahead. Even when great results roll they might only justify a share price that was obtained in previous years because the current price keeps rising as the future looks brighter and brighter as the years go by. This is exactly why the concept of ‘derisking’ is often investing fallacy. Some stocks never derisk because they keep going up and up anticipating a better future even as they achieve great things. We don’t get paid to invest in stories where the investment case is entirely clear and all the i’s are dotted and all the t’s are crossed. We get paid for trying to predict the future. Which means we can be wrong at times. It happens. Look at anyone one’s track record who goes for 10x type returns. They will have there stories of failure. But those that keep at it and stick to a disciplined approach they will tell you story’s of great success. Something I’ve written about a lot is position size. Buying pain and selling joy. But, the best training I got in my Sprott years was how to stick with a story. To try to know it better than anyone and keep the conviction. Sticking with your best ideas and maintaining weightings that make sense on a risk to reward basis is difficult. When things you love go down a lot there’s always regret… just as when you get a shot to get more of something you love at deep discount and don’t act there’s a nagging regret when you look years later and know you the info you needed but somehow just didn’t feel comfortable getting the weighting you later think you should have. Managing position size is everything… I watched piles of people fail because of it in my daytrading days. There’s times to cut losses, there’s times to double down, there’s times to book profits and there’s times when you need to let them ride. Developing a system for investment is essential and that must include proper research and risk assessment. If you’re investing without a system then you’re not investing. Your gambling and most definitely destined to loose. All gamblers hit a bad streak at some point and blow up. I’ve seen it happen people lost thought are great traders and also fund mangers that are top ranked. Most blow up when times change and all of a sudden bulls get slaughtered and bears take over. But the inverse. But also technical trading goes through cycles. Momentum traders crash and burn. Fundamentals always win out in the end. That means picking great companies early pays the most.

Here’s why I hate warrants attached to issues. Warrants have a value, sometimes a significant value. It’s most often the case that when a company issues units that include warrants the stock quickly drops to the price of the units minus the Black-Scholes value of the warrant. This is because funds (often fast money hedgefunds) love to buy unit deals, flip the stock and keep the warrant. So they eliminate downside and keep upside. This drop is a punishment to those that didn’t get good fills on the units or couldn’t buy them because they are not institutional / high net worth investors or they are in a jurisdiction where the units can’t be sold. If management teams believe they need to raise capital, then fine….do what you think is best. But, don’t play these warrant games. I hate them. There’s clearly a significant cost / value to them. Maintaining a loyal retail following is key. Giving people confidence that you’re not going to burn them with a fat warrant deal that they will miss out on is important. I’d much rather see an issue at a discount to market but straight equity. If people buy the deal and flip for a tiny gain and it cause the stock to drop and touch the deal price….again, so be it! At least this gives all investors a chance to buy the dip and stay on somewhat of a level playing field. It’s also important to do this price discovery exercise with a companies broker and potential institutional investors. You WANT investors that want to hold the stock. You DON’T WANT hedgefunds that just want to flip the stock and get free warrants. I’ve been extremely outspoken about my position when it comes to warrants over the years. If issuers want to keep me a shareholder I encourage them to never issue warrants. I’d like to be clear on this… crystal clear.

Few weeks ago piles of people on X “You can’t own enough copper” Today… I own too much copper The combo of higher interest rates and high energy prices are a massive disincentive to buy a home, new auto, appliances as well as consumer energy. Looks like yield curve will be inverting and a nasty recession is in the cards. Trying to fix high energy price inflation with interest rates given the shortages are due to war… well that’s just deciding to punish everyone with variable rate mortgages. New home starts are likely to soon crash to 2008 like lows.

I love the evolution of ‘partying’ Diplo at WSJ: The future of partying isn’t more nightclubs, it’s run clubs, saunas, sound baths, and wellness events. Young people still want connection, music, and release. They’re just done destroying themselves to get it. “This sober era isn’t a trend. It’s an evolution.” Clubs that figure out how to deliver the energy without the hangover will win. The rest will look like indoor smoking did in 2005.

You can look at all the data from the $hg $hgraf studies with universities and the GEIC as well as their own publications in major journals. You can see for yourself they got epa, eu and uk approvals. As well the major production plant deal with western gas. You can see that graphene has now been added by congress as a critical material / mineral. You can play with Ai and as a million questions and then use an Ai to ask a million more of another Ai. lol. But by far…. It’s not even close. The most compelling thing is when I look Dr Chris Sorensen in the eyes and he tells me that this graphene is going to change the world. National Professor of the year. He’s one every award a scientist and teacher / prof can win other that the noble prize (which he deserves) The guy is a Vietnam vet. Upstanding citizen of unimpeachable reputation. He’s pushing 80 years old. He don’t give a shit about money. He’s all about honour and integrity. So when he tells me that this graphene is gonna change the world….I damn well listen. He also loves the scene from the movie ‘The Graduate’. Where the older man whispers to Dustin Hoffman. “One word: plastics” Sorensen says… ‘one word: graphene’. There’s a great future in graphene youtu.be/PSxihhBzCjk?si=aWyC…

Just checking the short interest. Seems despite the price falling so much lately the total short interest in $hg $hgraf remarkably increased… Maybe we are gonna have another squeeze like the spring? Curious what others see as the current short interest and how it’s changed over the last month. Assuming management delivers orders as per today’s press release. Well, it would seem like it might be extremely difficult for the shorts to cover. Days perhaps a couple weeks vs typical trading volumes.. that’s assuming they get aggressive at some point and account for a large percentage of the daily volume. Only time will tell. But today’s action seems like it’s likely to be just a precursor or taste of what might be coming over the next few months.