Re: Everyone needs to RELAX!!!
in response to
by
posted on
Dec 04, 2008 05:01AM
I agree completely. We have had debates in the recent past about whether the company could be taken private. I cannot think of a better way to annoy the principals into considering it than an organised bombardment from small shareholders. There are pages and pages of warnings about the risks of a share like this and the volatility. We live in an age of no personal responsibility. Someone else is always to blame.
This is a risky speculative investment, not for widows or orphans. We are adults and we invest with both eyes open. I still believe it will prove to be a fantastic investment. There is little or nothing the company can do or say that would not be lost in the current downdraft. In this climate they could announce a cure for cancer and see the share price fall. What is important to me are the fundamentals of rock in the ground, a company with plenty of cash, a world class customer and a management that is moving forward relentlessly to bring this project to fruitition.
If this were a flight we are experiencing incredible turblence. It's fasten your seatbelt time. I don't need to speak to the cabin crew. I'd prefer if they just concentrate on flying. I agree a conference call would be a good idea but let's be patient and wait for well managed news flow when and if the madness dies down.