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Gold/Mining/Energy : St. Jude Resources......V.SJD

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To: keith massey who wrote (2755)12/24/1999 4:26:00 PM
From: David R. Schaller  Read Replies (2) of 3065
 
Keith, I wish I could be more optimistic.

The company has lost its focus & to some extent its identity. The hard to come by cash in question, might under different circumstances cause a higher valuation. But, whats to stop management from frittering the rest of it away on gold plated foot rests, or ergo trash cans or whatever?

I really thought they were a little more savvy than has recently been demonstrated. Our investment is in deep do-do.

Hope I'm wrong.

Dave
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