Advanced Explorations Inc. ADEXF

AXI - 10 point criteria investing system

[Kadillac]

Zedman,

I follow Michael Berry's 10  point criteria system when investing in stocks.  Some of the things that are looked at include:


1.  discovery potential - huge potential of discoveries at Roche Bay, Tuktu, Iron Sands, etc.
2.  Is discovery a game changer - yes, Silver at Melville Peninsula, over 1 billion tonnes at Tuktu
3. Diversifcation of risk - AXI has multiple projects so risk is diversified.

However, the main thing that is key is:

4. Track record of management/board of directors:

    1. John Gingerich - look at what he did with Eurasian Minerals - used to be a penny stock and see where  it is  today.
2. Other board of directors such as James Excell, Bernie Swarbrick have great track records. 

I personally would sell all my shares the day John Gingerich is not running this company.  As William J O'Neill says in his book "How to Make Money in Stocks", you don't buy companies that have leaders that are caretakers.  You buy companies that have leaders that are entrepneurial. 

I am not pumping the stock.  Yes, it can dip down to 50 cents if markets keep coming down but every investor has there own purpose.  Myself, i am in this thing for the long run.  Long run could mean 6 months, 1 yr, 2 years, etc.  I usually will sell shares of a company if i know i can put that money in another stock that now has a better chance of making me more money.  Everyone has limited amounts of funds so you have to review your portfolio every week or two and make changes if necessary.  Anyways, Out of the 6 stocks  i own, AXI is one that i probably would keep for quite a long time, atleast half of my position.  This is because i believe that it will be like a Consolidated Thompson like MurrayMac mentions.  Remember, Rome was not built in one day.

Again, all my opinion.  Happy Investing...


Kadillac