Thoughts from Myron—Rare Earths, Colored Diamonds and Graphite

More junior stock thoughts from our guest columnist

By Myron Martin, November 2, 2013

[Ed. note: Here is our latest contribution from longtime reader Myron Martin. He has agreed to our trading restrictions, and, as usual, we have not reviewed, approved or screened his stocks or ideas, and the opinions he expresses are solely his own.  Many of the stocks Myron covers are microcap “penny stocks” that can move dramatically with or without fundamental reasons, so please be cautious. Myron’s past commentaries can be seen here.]

Telling the truth has become hazardous to your health, or at least to your economic status and freedom. Read this and weep if you value the American dream and your children’s future.

Here’s another in the same vein.

Further clarification of recent comments: As I’ve said before, the most successful investor is the “best informed” investor, and I meant that in the context of doing your own “due diligence”! For example, if I profile a company such as the recent Texas Rare Earth Resources Corp. (TRER), but you don’t know what rare earths are, or understand their significance, or why they are essential to the military and modern electronics of all kinds, then you are not likely to develop a strong enough conviction to enter that rapidly growing market, due to fear of small caps and negative market conditions, unless you educate yourself as to every aspect of it being a compelling sector in which to invest.

I can point you to the sources available to do that, but you must you follow through with your own due diligence. I can’t transfer the knowledge and insight I have gained through much in-depth study directly. It becomes an exercise in futility akin to the old adage, “you can lead a horse to water, but you can’t make him drink.” And I mean that only as an analogy, not that I am comparing any of you to a horse or being disrespectful. You can only do as much as you can given your time constraints and priorities, as can I.

On Friday I attended the Money & Markets Show in Toronto for the first time, thinking that if the value and interest compelled me, I may attend on Saturday as well. It is a three-day show and I didn’t know how long it would take me to glean as much knowledge as possible. I have had other shows where I have not managed to visit every booth even in three days. I was ...

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