Rick Rule
Storm Cat Energy
SME-T
RISKY
Jul 31, 2017
Few have heard of this issue. But he does not understand the metallurgical processes. They seem to him to have a lot of risk, but extraordinary upside. They have a decent balance sheet and an ability to move forward. He is very attracted to this issuer. It is highly speculative, however.
A very volatile company. Have some nice acreage positions in many different countries, good management team. Getting promoted quite a bit and not the type of quality that he likes to see, but he likes the team and the acreage so he's willing to make a bet to see what they do.
Few have heard of this issue. But he does not understand the metallurgical processes. They seem to him to have a lot of risk, but extraordinary upside. They have a decent balance sheet and an ability to move forward. He is very attracted to this issuer. It is highly speculative, however.