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Message: Rediculous and panicky posts today

Rediculous and panicky posts today

posted on Feb 13, 2009 03:03PM

Well, today was one to remember.

A whole bunch of sophisticated investors were ready to believe that JP could dump 20 million shares. At first blush, it was very embarrasing to watch these posts unfold.

But two rearkable things happend. First, a few took effective action to get the facts, get to the bottom of the issue. Second, there was a flurry of posts by quite a number of people, many cautioning that this should not be believed until facts known, but all interested and concerned.

So what we have here is an effective and self-correcting source of information that is more than a rumour mill. It works.

But we have a problem too. We are getting frustrated in TDC SP being stuck like glue to the floor while other juniors go up. Myself, watching CSM now at a dollar. Others with their favorit other Juniors to watch. Even player w.h.s. trew out the notion of cognitive dissonance, or at least a first-year psychology student take on it. How to reconcile two non-compatable world views? The result can be an existential crisis. However, a jungian view on this would be deeper. That is, that throught he tension between a pair of opposites, a more coherent consciousness can emerge.

Yes, tyhee should be higher because there is real value here and a good managment team. Yes, tyhee is not higher, and nobody out there seems to know about TDC, partly because of decisions by the board/CEO to NOT put effort into investor relations.



We could get activist about this, and flood DW with demands to do something about it. We could put forard motions and other methods to force the issue.

Or, we could thank our lucky stars that we have not fallen into the distressed mode, like CSM and others, who MUST accept whatever the best takeout or other deal saves their bacon. Such deals may give some SP appreciation, but in the end transfer value from the shareholders to the new player.

Thanks DW for not getting into bed with any predatory partners or lenders.

I for one have faith that what is going on is very simple. Whiel the EA process marches along between now and Sept, there is NO POINT in putting effort into advertising Tyhee's value. Share price will appreciate, from a genuine improvement in the prospects of becoming a producer. In the mean time, time to count fish, do ph studies of water, address each of the issues in the TOR, and just get to work on getting the DAR right.

Good thing none of us panic-prone investors are in charge of this ship. We need to sit tight, and have faith that there is land on the other side of this ocean. Our skipper knows what he is doing, and he's doing it well.

SKELEG

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Feb 13, 2009 07:55PM
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