Howdy Jones,
I place little faith in the Grace people. The leadership at Grace have
demonstrated they cannot win.
There was an outfit in Louisana we purchased some sponze aluminum from back
when that was working on nickel also. I am trying to dig up their name.
Guys acted like they had their act together.
Richard
Assuming that the recent BLP-Rowan report is fairly accurate, and assuming
that it does represent a marketable breakthrough in alternative energy -
then among the many implications for vorticians are: is there a way to
'play' this by investing on the stock market (assuming you were not wiped
out by recent circumstances) ?
BLP itself is private, but is that the end of story?
No, in fact the best play of all may be WR Grace. That is for several
reasons; and one of them is that there could be a LENR application for a
competing system which also depends on Raney Nickel.
After operating for more than seven years in Chapter 11 (due to asbestos
lawsuits, I believe), chemical giant W.R. Grace & Co. is getting close to
emerging from bankruptcy -- and the stock could be interesting on its
own - even if the company did not make Raney nickel and own the trademark.
Although the catalyst has been around for over 80 years, Raney is a
registered trademark of Grace and there are trade secrets involved. The
more generic product which can be called "sponge-metal nickel catalyst"
may be used as a substitute which may have physical and chemical
properties similar to those of Raney nickel; and will possibly work as
well, but it could take other producers years to get into the market.
Usually the first on the scene is the wisest choice, especially if there
are trade secrets.
CAVEAT: I am perhaps the worst stock picker of all time; and you would
probably do better throwing darts at a copy of an old issue of WSJ.
Jones
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