Great posts by the usual adept longs here...and over "there".
posted on
Jul 18, 2011 01:47PM
(Edit this Message from the "Fast Facts" Section)
Spiny deserves a medal for his dogged defiance of the sewage posted by the floating turds over on the Blub. I note the occasional float by over here, until they get blasted out of our clean water.
SFMI is still in the clutches of the usual suspects...no matter how many differen't theories, smokescreens or gestations of the same beast are expounded upon. We true longs all know this.
In the past we have all succumbed to those "confidential" tidbits of information from someone "close to the scene". How many times were we mislead? At least dozens. Who were/are all these characters...and what has been and is their motive?
Finally with R Scammel on board, the inside stuff seems to have ended. Good thing too. That leaves us with the BB tom foolery. Anyone who claims to "know something" leaves room for justifiable scepticism. Being exuberantly optimistic can be forgiven. I have been guilty and have been there.
The entities that wish to keep SFMI share prices pinned down are those that either do not want it to become a shooting star and stand out ... or those who would wish to buy it out for a pittance of its value...and are stumped because management/major investors ans shareholserd have too strong a grip on it.
Just today we see Barrick moving in on Carpathian and China closing in on Sundance ( huge iron depsosit)...as examples of low bid take out maneuvers.
PQ absolutely stole the WEM claims and there are big noses out of joint. There is huge money at stake here...up to over $1 billion. That means any and all means will be exerted to steal it back. But just how can they do so? They don't have too much time do "they"? If any one of "them" have any brains, they will jump now and pay up. But they won't because they think they can keep doing things the same old way. Arrogance can be priceless going the wrong way. If they make a stupid offer, they will just look stupid.
Should be quite the exciting few months ahead.