Don't rock the boat
posted on
Feb 11, 2008 02:12PM
Discuss the various junior resource companies within the McFaulds Lake Area
Much as Al's comment about BMK's management ethics it seems on some forums it is considered not appropriate to post anything which questions why Management is following a certain path.
This particular forum is meant to evaluate prospects of different players in the McFauld Lake Area and both positive expectations as well as areas of 'concern' are more appropriate. comments.
I do own considerable Noront shares as well as FNC and SPQ but do not and never have traded in and out of these positions on a daily or weeky basis, contrary to some forum member believe. I own these shares because in my opinion they have a very good chance of increasing in value, this does not blind me to risk or concerns about management policies (what they decide to let us know) as these are matters important to investors holding for the mid to long term.
That's a reason I own no BMK, just acting on my opinion and don't expect others to follow. Noront has a prime exploratiion property that producing the kind of results to take it up in value but that doesn't make Noront managment perfect. They've made, in my opinion, some serious mis steps. Unlike some I'm not afraid to call them on them either. It's my money at risk and certainly you hand over to management the right to make day to day decisions you do have the right to call them when they don't perform.
I'm not going to get into a slanging match on these forums but I'm not the one posting to pull wool over investors eyes I'll leave that to those not interested in doing their due dilligence.
My postings on Agoracom will be, from this point on, made only on this forum.