Hello Lethalgal.

Stay the course. Don’t let your emotions get the better of you. Don’t be your own worst enemy.

Fancamp, for years, has been run with an upside-down inattentiveness to shareholders who rightfully trust and rely on management to give them well-thought-out responses to their concerns. Instead, it’s always full-steam-ahead in the wrong direction, never pausing to look back at anything wrong in the company’s wrong-side-up modus operandi. Certainly, it’s hard to find anybody who doesn’t share your misgivings. We all understand, all too well.

In one shape or form, our executive leadership never fails to disrespect the shareholders for very long. It’s as though pig-headedness were chosen to be our primary governing theory. Certainly—aligned with the overwhelming shareholder sentiment—I share you frustration. Enough is enough.

However, arguably more than anybody else, I credit our leaders for discovering and creating—in the first place—our great unrecognized property values. Despite all our repeated and rightful complaints, those assets—understated and underappreciated (and under-promoted) though they may be—very much remain and are not about to vanish.

Despite the best (or worst) efforts in our executive offices (or on the road to acquiring executive offices) certain things are beyond the control of the deep thinkers at the top of our operations (such as the inexorable judgment of how the events of the world will play out). As much as our high-up-and-distant leadership has the talent to amplify, to our disadvantage, all that’s bad in the present resources market; as predictably as a tight coil springs back, we will go all the more farther up because of it.

In your last message, you said, “Wish I could say there is a turn of the tide.” If the persons who call the shots at Fancamp don’t get it, we can depend (notwithstanding their bungling) on the sweeping global tide of events to propel us forward (sooner than you may think).

As one of many cases in point, the global repercussions of Japan’s drastic quantitative-easing monetary policy (of last year and this year forward) will be titanic. As the Yen Carry Trade reverses and gold bottoms out, other commodities (and the companies holding them) will follow suit to a far greater degree than according to the popular imagination. As rationality returns, those who were the most unreasonably penalized and punished will benefit the most from the turn of events.

Christine Hughes grabbed my attention with her observations on YouTube, recorded last month.
http://www.youtube.com/watch?v=AR3TyfKTeNE