Zeev,
You, of all, know my interest in this area. It is not the metals nor the endless empirical process that the company has used that frustrates me most, it is the total disregard for the stockholder, and the incompetent approach to rather simple management problems. I have no faith in either management or the technical staff here. Both have no credibility with me and will not until they concern themselves with their corporate and fiduciary responsibilities. The company seems to operate upon a system of "private lies", rather than "public lies". I have been told many of those "private lies", and I am certain that many here have been privy to some. If Jensen or Twiford told me that "The Sky is Blue", I would suspect that it might be pink or purple, but certainly not blue!
I will maintain communication here, but I will certainly not let good money follow the bad!
Current management is way, way out on thin ice in my mind and many here have the files to prove the case. What they need to do is produce even a minor fraction of their stated estimates and then all will perhaps forgive?
Current activity in the stock is hard to analyze but smacks of continued distribution.
I leave that analysis to you, Zeev, for you are better at that than I.
Furthermore, I am concerned by the precipitous dissapearance of Mr. McKay from the role of "facility operator" to "construction supervisor" in Canada.
That leaves the appearance that the "Savior" has turned the flock back to the "Wolves"!
When I hear the company announce five ounces of Rhodium per ton from any sample, I am reminded of past fantastic announcements, and the results of those. Can Tim Hall help me here? In the history of mining has any ore produced consistently or even in rich pockets anything approaching 5 (five) ounces per ton of Rhodium?
Clearly, from the volume, Jensen is telling "private lies", and someone is buying, but the question remains --Who is selling?
Please, leave the MM out of this!
Tell me the "disgruntled large investor" story once again!
I know several, do you know any!!
Still here,
But not buying crap!,
Jack!! |
