Re: A Question of Competency or Honesty: "Are They Liars?"
in response to
by
posted on
Jun 26, 2010 02:43PM
(PRESS PROFILE TAB FOR FACT SHEET & UPDATES)
Liars? Whoa....that is definitely a strong word and I would hope that no one intentionaly accuses anyone of that unless they have proof (and a good lawyer). But it is certainly a good way to get people talking.
First off, lets break it down. What is a liar?: Someone who lies. What is a lie: A false statement made with deliberate intent to deceive;an intentional untruth;a falsehood.
Well that certainly is not the case here IMHO. As cjj53200 has pointed out: http://agoracom.com/ir/Tyhee/forums/discussion/topics/426489-the-pfs-should-be-completed-by-next-week-but-when-do-we-get-to-see-it/messages/1398420#message
we are pretty well going according to plan as far as PFS delivery goes. Man, I am sure I could count on one finger (not that finger) the number of CEO's who have been that accurate and unmoving on delivery dates that I follow. I am OK with any delays (within reason) but I would not be getting my knickers in a twist even if we had to wait another month or two. I have seen worse.....MUCH worse!!
Notwithstanding all of that, it is in the best interest of everyone that people should ALWAYS pay attention to the following paragraph which is often at the end of a News Release:
This news release contains forward-looking statements, which address future events and conditions, which are subject to various risks and uncertainties. The Company's actual results, programs and financial position could differ materially from those anticipated in such forward-looking statements as a result of numerous factors, some of which may be beyond the Company's control. These factors include: the availability of funds; the timing and content of work programs; results of exploration activities and development of mineral properties, the interpretation of drilling results and other geological data, the uncertainties of resource and reserve estimations, receipt and security of mineral property titles; project cost overruns or unanticipated costs and expenses, fluctuations in metal prices; currency fluctuations; and general market and industry conditions. Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.