i was saying that easy a couple of years back Forthewin it was always worth reading what portage where doing, with there possible break throughs, still really to be confirmed but looking good, there now talking big numbers SP wise, it was one of my best decisions to sell a 1/3rd of my holding, bought elsewhere and put more in Portage as i was already in it through Salvarx, i still cant understand why we sold down our Portage holding as we had funds, i didn't buy into Ed saying we doubled our money so thought it was a good time to take some off the table, then he turns round and says were looking for 10x our investment ?.
All the big investors we have on board now are here cos of Leap, Juv and Portage, what would happen if all 3 were sold off, I've been saying this for a while we have no new big investors that have come on board for ages, even Ed, don't bite the hand that feeds you.
Yes up again today nearly 10%, remember Ed said every dollar rise is worth about 70k think that’s dollars so nearly 1/2 mill in two days , could of been double that but we sold down , maybe FFWD couldn’t see what others could anyway there’s plenty more dollar risers for Portage which is a big plus for FFWD in the long run.
Are you saying we can’t buy 5% buns, Alex’s fund is worth a lot more yes but it would of cost the same , we are as Doggo said just a small tinpot outfit really, but we do own 43% of Leap, we must as I’ve said have something else lined up to only taking another percent in LGP
No not a negative I said this morning it was good but not much of a cash outlay and I also said I would of been happy with 4 or 5% if you would like to check, you would of thought our friend Alfredo might of known more but not to worry, and remember Jim Melon known by many as the U.K. Warren Buffett.
Your right longlad I would of liked around a 4 or 5 % holding in LGP but it’s a start, didn’t spend much money there so plenty left to invest elsewhere , but this time they have to make it count , I’m sure they will have something much bigger lined up down the line, well they have to really don’t they ?
i was just talking generally about CEO,s buying shares, yes ED does have warrants. Lorne didn't start the company have another look at that one and see who's name pops up, as for Salvarx i think you will find many have made money on that including FFWD, good luck