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Gold/Mining/Energy : BPI Industries Ltd (BPR-VSE)

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To: Ron Struthers who wrote (307)3/20/2001 10:27:29 PM
From: Ed Ajootian  Read Replies (1) of 355
 
Ron,

Here we are almost 2 months later and still no news. Any clue as to what is going on and when we will find out something? Management is about to lose all credibility here if something doesn't get announced pretty soon, IMO.

The problem I have is that they continue to predict completion dates when, as is proven out by the passage of time, they really did not have complete control over all things that would be necessary in order to meet such a timetable for the completion. Where I come from, if you can't control all things necessary to achieve something, then you don't give a specific timetable or you give one but you make it clear that there are still some open items that are out of your control. This way you stand at least a shot at maintaining your credibility.

Nice to see that natgas is making a strong comeback here. It boggles my mind that we are seeing $5.25+ Nymex at the beginning of Spring.

Sorry to hear that your ski vacation is getting ruined by the low snow cover. I was in Spokane on business recently and was planning to ski in Idaho, but my buddy warned me that it would be a waste of time. Looked at the conditions further north in the Canadian Rockies and they didn't look much better.
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