RE:I hope everyone on the long side makes a fortune on this to clarify. It is not an investment company or fund. Rather, it is a group of men and women who meet regularly, share ideas, conduct much due dilligence, and try to foresee opportunities. They make money and feed off each other's strengths. They've done well (most of them) and I am told that they all possess an incredible passion for what they do. They do it because they enjoy it, not because it is a job. Although, they all do this on a full-time or near-full time basis. For many, I'm told it is an "eat-drink-sleep" passion.
This gives me a sense of confidence that if these guys and gals are taking a position, NXO must have a lot going for it. My friend tells me that he would put many of these people up against just about anyone in the investment fund world when it comes to professional knowledge and DD. Moreover, they're not partaking in pump and dumping. Straight up investors with a moral ethic. Not often do you see this in the Vancouver and Toronto funds. So I have confidence, and hope we all make a fortune.