Re: SPQ - history - Warren Buffett......snuggs
in response to
by
posted on
Aug 31, 2009 12:41PM
First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed
if warren buffet knew how you were using this quote in relationship to the context of SPQ and investing, he would post on this board and show his dissatisfaction... i know this for sure... i have met warren buffet and have talked about the importance of knowing the history of management and what they have done. ...it's called due dilagence.
as well, henry ford, if he he knew the purposes you used his quote, he would do the same... unfortunately he is dead....
and you say the name of the game is to help Neil Novak ...and the Bod ??? ...well my old friend snuggs, there have been well intentioned investors who have done just that for the past many years.... and it has not helped much (as example: ...remember back 2 AGM's ago, you were there for that one :)) when we were assured that finally, we were going to have our net site done up properly, and that this would take place shortly and yes, it was Hamilen that was to take care of that...?? ) you may not want to remember because you may consider this as "bunk" because as you may considerate as only history ...and you already have said that "history is bunk"
you will eventually live out a lot more historywith SPQ yourself as the future years pass by and become history (bunk) ...when that transpires, you may finally see the fact of life that so many great teachers have been teaching in schools for centuries ...history (due dilagance) is everything.
the reason so many of us are still invested after so long is only because of the ROF in general and it's very good prospects... and the land that SPQ holds, ...the BOD unfortunately has optioned it off in large part. again, we need new legislation to disallow juniors who do that, from not doing it ....under the circumstances in which it was done.....
if you have suggestions for Neil, and would like something particular to be done now and going foward... that's very understanable...
and guess what? were are doing them ! all is well now ...were gonna drill just like we always have ....lets just hope we do not do anymore optioning off :)) .... the drilling is progressing just fine as it always does.
and i am confident we will have good results.
and remember what ever we find FWR gets 50% (give or take.)
cheers to you my friend snuggs and all the best .....danny