Re: All in all, not a bad day
in response to
by
posted on
Oct 01, 2009 06:45PM
(Edit this Message from the "Fast Facts" Section)
Yes, a good day folks.
I think all the forthcoming anouncements are going to be very positive in many ways. What we all primarily invested in here was the historical facts, resource in the ground, potential tonnage upside and grades, above ground stockpiles of grade bearing material, on site evidence, infrastructure, geopolitical safety and other factors. What we all took a leap of faith in was/is the management... usually the most important factor of all... a huge question mark for this and many other fledgeling juniors. But what the heck, we can't trust corporate, business or Governmental management whose collective, stupendous losses we are stuck with, like it or not...so why not go for an unknown entity? High risk/high reward.
For every milestone achieved, two things symbiotically begin to work their magic: increased faith in management and increased value in the investment. There are rare times when these factors can become exponential, when stimulated by a third factor...market timing. I believe we are on the doorstep of such a rare event.
We (investors and managements) have gone through some of the toughest time ever faced by the JPMs, so management has really run the gauntlet. I have to admit that I have been sceptical at times here, not only because of SFMI, but also because of the long years of frustration with the JPMs due to many factors totally beyond our control. Pierre and his peers in the mining, development and exploration sector have been sorely tested and doubted. As the project unfolds, credence is building. The vote of confidence in management will grow with every successful step forward from here on.
I look forward to collective success in this project and the day we can raise a glass in cheer for the tenacious and dogged efforts of management and the tenacity of a few staunch shareholders who stayed the course and contributed unselfishly to the honest information posted here (and the other sites).