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Gold/Mining/Energy : NOVAWEST RESOURCES INC. (NVE.v)

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To: WWS who wrote (1364)6/22/1999 5:19:00 PM
From: Mike Campagna  Read Replies (2) of 1434
 
Bill:
It was about 3 yrs ago today, I bought International Homestead for about the same .35 that I sold some for last week. Not a big dump, mind you, and I still own a bunch, but I thought I'd free some cash up and move some to stocks that are performing. Thought we had a Tiger by the Tail, back last year at 1.60-1.90, and I don't know what happened, to let the wind out of the sails, but I have to admit, my confidence in Nova has waned. I thoght Pat would have capitalized on the Raglan thing, and all the Poly's, but somehow they let em slip away. Oh well, at least after a 3yr hold (YUK) I didn't lose any money from the initial investment, other than what that could have done (like 9 million bucks worth of Amazon or something :)). I'm still hanging on to a bunch, and can't help but feel Pat will eventually get Nova back off the ground, but I'm afraid "investor fatigue" has set in
and I've become a little impatient with the lack of both communication, and progress. I suppose when a "long timer" like me (back to post #3 I believe) unloads, Pat and Co, have more to worry about than they may want to believe. If MY confidence (like a major booster, all along) has been ruffled, I'm sure LOTS of others have. This stock was definately not an overnite trader when I bought it, but I sure didn't expect to be back to square 1 after 3 yrs. Such is VCR I guess.........someday, I hope Pat makes good on his promise to take Novawest onto a REAL stock echange. Until he does, no more buying for me......no options, no warrents......nada. Like BB KING says......"The thrill is gone". Pat's gotta perform a whole bunch better and kick some ass, before I jump back in. No sour grapes here, as I know he will, but I'm not waiting around for Nova to get it together any longer. I'll hold the thousands I have left, and wait for them to be a worthwhile investment some day, but Nova has beaucoup work to do, to rebuild some confidence in the market. When they do, I'll be back, if and only if, we can prove this to be a real player again.

I'm still watching...........Like to hear what Jim might have to say.....he seemed pretty close to the guys upstairs......

Mike
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