http://watch.bnn.ca/#clip405375

BNN wraps up the trading day with Michael Smedley, Chief Portfolio Manager, Morgan Meighen & Associates.

Mr Smedley has some interesting comments,

1) There are three companies in the Western world that are or are close to processing, the rest are hole diggers. Hey he said it, I didn't.

2) It's a lovely unknown, he'd like to be the only person in the world that knows about them.

3) He bought in at around one dollar, now of the recent 5 million shares traded were his. He said that the "stuff in the ground is desparately needed" and that he'd like to see them open the boxes, reassemble the plant and get going.

4) Because they just acquired that plant last week he doesn't feel that the share price limit is here, it's higher.