Re: One word about negotiations with Newmont or any major and....
posted on
Mar 01, 2012 06:14PM
Although I don't think that Lori is in any talks with any big buyer, I'm sure that if she were, she would not be able to tell anyone. No buyer would want her to, and with it raise the sp and make the purchase more expensive because of it.
At the same time, could you blame anyone to sell at $5 or $10 if they lost as much as some people pay for a house, just because of screwed up news releases, info on blackout for no useful reasons, lack of proper results, none committing wording of info, that is open to everyone's own interpetations and reading between the lines. Bring me a buyer who want to pay $10, he can have every one of my shares tomorrow. Just think, if shares of a company can be manipulated as easy as ours, why would any major be paying $20, 30 50, if they can bring it down to less than a dollar by just letting the company self-destruct itself and the shareholders investments by ignoring them and progress with the speed of cold honey.
I have been in this for over 2 years and have heard and read every comment from "dd facts, any day now, big thing are coming, SS.St Elias, $100 and more buyout, etc." Of course they were all "IMO", but let's face it, we all want it to happen, just like we want to win the lottery. Many of us took it to as reality, that some of the posters, some or all of management know what they are talking about and believed in it to some degree or another and bought in. No doubt it is every investors own decision to buy, sell or not, but don't ever think that every investor has to stay the course, just because some still think or try to know that $10 share price is too low.
Now of course there will be a reply of "why don't you sell, if you don't like it", which is possibly the most immature comment anyone can use, because if you would lose most of the investment, you may as well hope for a miracle and hang in there, it can't hurt much more.
I'm aware that this post may not make it all the way and be considered bashing, but with all the stuff that has been posted, it would not make much difference anymore. I don't read SH and complain about their posts. But sometime there has to be a reality check.
I still feel that Sculpin and bow2u, Hogtown and some of the others have really contributed to my understanding (or partial at least) of this investment potential, and have spent a lot of time and effort doing it. Murry and his wife are nice people and I have met several of the consultants such as Ron Rolling and had a good time with them and Lori, but there comes a time when something has to happen to keep the faith, all the talk and hints are not making it any more.
So this Is My Opinion at this point.
Real888