After listening to many of Tim Ferriss' podcasts in 2015 where he interviewed several of the most powerful people from Silicon Valley, I posted my findings here on July 20th.
A quote that stood out was by Peter Diamandis who said:
"Find something that a billion people need to make a billion dollars."
That's easy for Diamandis to say, who with several of his billionaire buddies self-fund each others deals. By the time they go public, with their multi-billion dollar valuations at $20 a share or so, they leave very little room for penny players like us.
At the time I figured that It's almost impossible to find a genomics deal, or an Artificial Intelligence startup under a dollar.
I mentioned a rumor of a well known Vancouver money guy that went to Silicon Valley about a year ago with $100 million, and was staying there until he found a deal.
A daring move considering how challenging it must be infiltrating this elite group of investors, and entrepreneurs.
With the enormous success of Space x, Diamandis invested in several startups with the likes oh Peter Thiel, Bezos, Musk, Branson, Larry Page and so on.
His other companies include:
Zero Gravity, Angel Technologies, Space Adventures,BlastOff!, Rocket Racing League, Singularity University, Planetary Resources Inc.
The one that really caught my attention was Human Longevity Inc:
"In March 2014, Diamandis co-founded Human Longevity Inc. (HLI), a genomics and cell therapy-based diagnostic and therapeutic company focused on extending the healthy human lifespan."
Electric vehicles, and lithium were the furthest things from my mind.
That all changed on September 03, when Elon Musk hinted that he was looking at other sources of lithium. $PE Pure Energy was the play and some quick money was made over the next 14 days. There would be others.
The education process was intense. Who were the players? Who were the experts? What were some of the worlds richest men doing? Most importantly, what were the Vancouver based Takeover Kings doing? There was plenty of negativity to overcome, which I ignored.
After five months of continuous due diligence, this was my conclusion on February 21st:
"I have followed this (Serial Takeover) model for decades and it works more often than not.
Fortunes will be made here for those willing to play the game over the next few years, like the last 4 or 5 times we were in the starting phase of the cycle.
As goes gold and lithium, so goes the Canadian Micro Caps."
https://ceo.ca/@50YearBeckFan/why-i-continue-to-bet-the-jockey-in-canadian-micro-caps
A few more lithium deals were announced last week as we approach the 150 mark.
https://ceo.ca/index.html?3e8874a670e5
Based on the jaw dropping $50 million Nemaska financing announced last Friday, there is another bold prediction that needs to be made. At least three lithium companies will trade over $5 in the next one to two years. Certain lithium companies will need to fight back large money with a big stick. Be careful, over 95% of these stocks will fail.
http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aNMX-2382077&symbol=NMX®ion=C
Diamandis was right:
"Find something that a billion people need to make a billion dollars."
Guess what that well known Vancouver money guy that went to Silicon Valley about a year ago with $100 million ended up doing? He came back to Vancouver and invested in a bunch of junior lithium stocks.
Simon Moores May 25th:
- "The lithium market will need at least 100,000 tonnes additional supply over the next four years. That's four mines worth."
Simon Moores June 12th:
- "All in the last 12 months:
- Tesla Energy
- Mercedes Benz Energy GmbH
- Apple Energy LLC
- Welcome to the 21st century"
There were earlier clues:
Bill Gates and a dozen of his associates worth over a quarter trillion made their commitment to clean living by year end:
https://mobile.twitter.com/peedeeheenee/status/679352730050252800
December 21st short list of potential strategic partners involved in the clean energy marketplace:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=119332443
First Inning Update
So far, the first 10 days of June recorded 126 financing announcements (closed, amended, or proposed)
- 49 proposed or amended
- $96 million over 10 million
- $44 million between $1 mil and $10 mil
- 26 under a million
http://www.canadianfinancing.com/mining/
Talking Our Books
Total BergDex exposure to the public was 72% over 25 stocks in 14 weeks
This is how the BergDex performed for the week, starting with his 3 Globe and Mail picks from March 4:
$LIX
- March 03: 0.85
- June 10: 1.73
- Up 104%
$PGM
- March 03: 0.24
- June 10: 0.66
- Up 183%
$NGZ
- March 03: 0.045
- June 10: 0.12
- Up 167%
That's an average of 149% in 14 weeks to the entire Globe and Mail subscriber base.
Recent Additions
- April 18: $XMG
- April 29: $MAY $IDM
- May 05: $AVA $CWM $EMO
- May 13: $ASE $GPY $SSV
- May 25: $KNT
- June 1: $KWC
* June 9: $AMU $AWE $TYE
Check out the returns on Robert's other picks from his tweet (plus 14 recent public additions) on March 24th:
$BOL Up 60% $CAP Up 50% $EAM 76% $GSH 68% $NFR 150% $NX 86% $WML 193% $WPQ Up 64% $XMG 68% (04/18) $MAY -33% (04/29) $IDM 46% (04/29)
$AVA -22% (05/06) $CWM 20% (05/06) $EMO 136% (05/06) $ASE 39% (05/13) $GPY 73% (05/13) $SSV 90% (05/13) $KNT 2% (05/25) $KWC 82% (06/01) $AMU 50% (06/09) $AWE 50% (06/09) $TYE 14% (06/09)
March 24th stocks up average 93% over 8 picks
Recent additions are up 62% over 22 picks
Total BergDex exposure is 72% over 25 stocks
My personal portfolio:
AVA CWM CXO DMA EMO GPH HPL IDI IDM JEM LAG LIX MCC NDR NGZ PRS WML XMG ABN DVN (New: CT) (8 of these are in the BergDex 25)
The BeckDex 60 percentage gains will be updated at month end
The June 6th List From 2014/15 Lows:
$LIX 434% $SBB 461% $IDM 177% $NXE 1016% $PTM 200% $SKE 55% $JEM 400% $HPL 350% $IDI 33% $NCA 278%(Was CCY) $MCC 700% $BOL 233% $EAM 333% $CAP 500% $CRH 571% $GSH 467% $NFR 350% $NDR 300% $NGZ 475% $NX 450% $PGM 829% $WML 3300% $WPQ 220% $KES 900% $BAR 158% $DMA 275% $MAG 113% $WKM 186% $RLG 2600% $CXO 780% $RST 350% $BAY 394% $WLF 210% $LAG 25% $GGS 2150% $GPH 108% $NEV 116% $IN 0% $TV 141%% $BTH 14% $GLH 46% $KRN 304% $PE 2650% $KOR 188% $SSP 355% $RMX 300% $XMG 144% $PRS 262% $MAY 73% $AVA 440% $CWM 360% $EMO 500% $ASE 160% $GPY 957% $SSV 1060% $KNT 40% $KWC 217% $ABN 227% DVN 70% AMU AWE TYE CT
Recent Reports
Ten-Bagger Update: ZZ Top & Muhammad Ali (June06)
https://ceo.ca/@50YearBeckFan/ten-bagger-update-zz-top-muhammad-ali
The Tina Turner Ten-Bagger Tour (May 23)
https://ceo.ca/@50YearBeckFan/tina-turner
Phil Collins and the Inimitable Dr. 7-Eleven (May 8) https://ceo.ca/@50yearbeckfan/phil-collins-and-the-inimitable-dr-7-eleven
10-bagger update: Billy Joel and a 9-cent porphyry (May 2) https://ceo.ca/@jameskwantes/10-bagger-update-billy-joel-and-a-9-cent-porphyry
The Boss and BeckFan: 10-bagger update (April 25) https://ceo.ca/@50yearbeckfan/the-boss-and-beckfan-10-bagger-update
"I'm with The Police" - TSXV 10-bagger update (April 18) https://ceo.ca/@50YearBeckFan/summer
Eric Clapton: Rock'n Stock Talk (April 11) https://ceo.ca/@50yearbeckfan/eric-clapton-rockn-stock-talk
On Jeff Beck, Elon Musk and the power of intention (April 4) https://ceo.ca/@50yearbeckfan/eric-clapton-rockn-stock-talk
Kenny Rogers and the immutable law of reciprocity (March 27) https://ceo.ca/@50YearBeckFan/kenny-rogers-and-the-immutable-law-of-reciprocity
From the Four Seasons to Expo 86, and the Birth of CEO.CA (March 20) https://ceo.ca/@50yearbeckfan/from-the-four-seasons-to-expo-86-and-the-birth-of-ceoca
1974 All Over Again (March 13) https://ceo.ca/@50YearBeckFan/1974-all-over-again
The Trickle Down Theory: Large Gains in Junior Miners and Micro-Caps (March 7) https://ceo.ca/@50yearbeckfan/the-trickle-down-theory-large-gains-in-junior-miners-and-micro-caps
Finally, an Acorn for Us Mining Bulls (Feb. 29) https://chat.ceo.ca/@50YearBeckFan/finally-an-acorn-for-us-mining-bulls
Why I Continue to Bet the Jockey in Canadian Micro-Caps (Feb. 21) https://ceo.ca/@50YearBeckFan/why-i-continue-to-bet-the-jockey-in-canadian-micro-caps
The Takeover Kings: $25 Billion to Shareholders and $22 Billion in Current Market Value (Jan. 12) https://chat.ceo.ca/@50YearBeckFan/the-takeover-kings-25-billion-to-shareholders-and-22-billion-in-current-market-value
Betting on the Jockeys: The Yorkton Lithium Express (Oct. 19) http://blog.ceo.ca/2015/10/19/betting-on-the-jockeys-the-yorkton-lithium-express/
This article discusses highly speculative penny stocks. Nothing in this article should be construed as investment or professional advice of any kind. From time to time, the author may transact in securities mentioned. All facts are to be verified by the reader and all readers to do their own due diligence before investing including talking to a licensed financial advisor.
