(Laz, just change a few nouns.....)
To: Lazarus Long who wrote (501)
From: Yorikke Saturday, February 28, 1998 12:03 PM ET
Respond to Post # 502 of 4256
Laz,
I know this is going to come off finally, but don't you think this: This week, Next week, Sunday, Monday, Tuesday! song resounds of Romper Room 'days of the week' games.
I just hope the promised deal comes in somewhere within 75% of what we have been led to expect. That would be better than the past promise- to-delivery ratios.
If you doubt me numbers go back and take a look at the original promises for the Euromento of 2 to 4% copper vs. what they have finally delivered. Lets look at the Eurika and the long drawn out discussion of 'gold nugget' effects on assays. Or the grand events that never came about on the Gunug Pani.
True most things, promised or rumored have eventually come about, but the long wait is often a prelude to events which fail to excite: Releases which pass almost unnoticed through the mining press. And if you look at what we are waiting for, I believe you have to ask if this is going to be any different. 'Paramount announces a joint venture agreement with Mizelfitz. Mizelfitz, a major, will do drilling on three sites.....' Something tells me this market is going to want more, expects more.
We are moving toward a solid future, but we are doing so a a pace that is terribly slow. Patience is not a virtue in this game. Belief is often a prelude to watching others walk off with your money.
I really consider this quite unfortunate. I'm not hear trying to beat down the price. But at the same time I believe anyone reading this thread should be aware of the historical patterns that are all to prevalent in the movements of this stock.
However, a deal will in all likelihood 'bottom' the stock; and we will be facing one of those swells that can excite us all. I believe it is going to be a long slow ride to the top; but a ride to the top none-the-less.
regards, |
