Juggling Dynamite

Danielle was a guest yesterday with Phil Mackesy on This Week in Money. You can listen to an audio clip of the segment here by advancing the play bar to 13:07.

In January 2012, I wrote “All that glitters” reviewing the investor experience in Sprott Inc. which was then trading at $6.00 from its much celebrated and heavily promoted Initial Public Offering at $10 at the commodities cycle peak in May 2008. Having once more appeared with confident and seemingly unbowed Sprott representatives at the recent resource conference in Vancouver last week, I was prompted to check in once more on investor returns over the past now 5 years. The answer: -70%. Here is the chart.

“Elon Musk dreams big. It’s hard not to get taken along for the ride — whether it’s a soon-to-launch cross-country Supercharger network that allows Tesla drivers to cross from Los Angeles to New York, an in-the-works reusable rocket that will help pioneer the colonization of Mars, or a hypothetical replacement for high-speed rail called the Hyperloop.

He was the evening speaker at D11 on Wednesday, where he said a mainstream Tesla is three to four years out, shook off electric car naysayers, announced the new nationwide Supercharger network, explained why he’s so excited about Mars, shared his views on immigration and how they diverged from FWD.us and tried to convince other smart folks to join him in doing big-picture stuff.”

See: Tech Renaissance Man

Here is a direct link.

Musk mentions the inspiration he took from the EV1 demise story. You can see the excellent documentary “Who Killed the Electric Car?” here on line.