James West: Sure. Okay so what company is it you’re talking about that is in the graphite space?
Jim Rogers : It’s called Mason Graphite. My little bit of knowledge tells me that they are probably the best place because they know more about producing graphene than most other people, plus they also have a mine. And a lot of people are good at producing graphene from graphite, but it’d be good to have the graphite as well. So they have a mine, and they also have intellectual property. And the people who run it were running the largest graphite company in the world – they were French – and then they left, and took over this company.
James West: Are you talking about Imerys?
Jim Rogers : Yes. And by the way, for what it’s worth, Mason Graphite has the government of Québec as their partner, putting up a lot of the money. So that makes them a little different from many typical Canadian mining stocks – penny mining stocks. I mean, the government of Québec certainly makes mistakes, but they’re involved, and lots of other people are involved, so in my view, it’s probably the place to play graphite or graphene. But everybody has to make their own decision.
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
