My concern with investing in Tiberius is that it is not publicly traded, so that gives very limited liquidity should you want to sell out or sell off some later. From that viewpoint, I think either MMU or WEL might be better as alternate plays to SGR itself -- investing in the "belt" as Traps puts it, with a possible higher multiple to be made than SGR proper. Both MMU and WEL have bee around for awhile, we know the people, they have connections with each other and with SGR, and they are publicly traded ... seems safer to me. JMHO

Lion