We seem to focus on how hard it is for people to understand what POET does and what a breakthrough they are bringing to the world. But it occurs to me that POET has a huge advantage in the ability to demonstrate how good their solution is. All the major companies who are household names are very active in communicating with industry in a very open way to solve the problems confronting data centers. Put simply ``the need for low cost, reliable bandwidth.  We all use the internet and we see more and more in real time how dependant we are in it working properly.

So comparisons are really easy to make whether it has to be dumbed down language for the average investor or a higher level of discussions among industry experts...

It occurs to me that POET has a massive advantage compared to many high tech companies because the information available is there.

Interesting story (off topic) but  some  parallels.

Consider one of the greatest Canadian Junior mining discoveries ever made that killed  the shorts and made a lot of money for those on the right side of history . Diamond Field`s  Voisey`s  Bay  nickel discovery  in Labrador. They were looking for diamonds and found one of the riches nickel deposits in the world.

With a budget of  $220,000 they did some  surface sampling and some follow-up  drilling in 1994. Hole number 2 hit 33 meters of high grade massive sulfides. Robert Friedland put all the companies  resources to work to define the  deposit with  the  goal to  sell this discovery to the  highest bidder.  

By its very definition, a discovery is the breakthrough action of finding something of value that no one knew existed. Discoveries come in all shapes and sizes – but it turns out many of the very best discoveries happen in the most unsuspecting of conditions.

The discovery of massive sulphides with Hole #2 brought increased attention to the former diamond play. However, the stock price didn’t really explode until the assays came in: 2.23% nickel, 1.47% copper, and 0.123% cobalt. Diamond Fields now traded in December 1994 at $13.50 per share, up from $4.65 just a month prior.

The company doubled down on drilling, and up until January 1995 they had hit nothing after Hole #2. The price dribbled down to $11.00.

However, it was in February 1995 that the results for Holes #7 and #8 were released, and they were some of the most significant holes for the entire project. The holes were in the Ovoid, which would soon be a famed and ultra-high rich section of the Voisey’s Bay discovery.

Hole #7 was 104m long and had 3.9% nickel, 2.8% copper, and 0.14% cobalt. Hole #8 was 111m long and had 3.7% nickel, 2.78% copper, and 0.13% cobalt. This propelled the stock price to $20.00 in February 1995.

Continued exploration of the Ovoid revealed a bowl-shaped orebody lying just below surface. This deposit had surface dimensions of some 800m by 350m, and extended to depths of about 125m. More nickel from Ovoid came in every month, and the stock price continued to rise.

At this point, Diamond Fields could no longer fly under the radar. Major mining couldn’t stand to watch as one of the world’s greatest base metal deposits blossomed outside of their influence.

The suitors…Teck, Falconbridge and Inco.

Cut to  the chase:

On March 26th 1996, Inco announced a takeover bid of its own for $4.5 billion of Diamond Fields – the equivalent of $43.50 per share or $174 pre-split. Inco’s stock price dropped but it held on, making the total value of the deal closer to $4.3 billion. On April 3, the deal was officially signed by all parties.

As I recall the shorts were killed by this stock and had to agree to a high priced  financing to cover their  shorts.