Jody, your logic confuses me...
<< Until we have independant verification on both, all we really have is speculation, which for the moment is still based only on the word of management (at best). All we have to do is look at the current stock price to get an idea of how much confidence the market has in management. IMO, the market's lack of confidence is due, in large part, to management's snafus in the PR department. <<
Jody, if you your logic is correct, then the management of Francisco, Eldorado, BGO, AZS, St. Jude, Madison and many other excellent companies is really terrible. Do you think that today's investors (not many active ones out there), are being more cautious then they use to because they are more certain that they can buy it for the same or less later on when there is less risk? I think you have made a very strong comment re IPM managment and their PR department. Would you please be more specific?
>> If we want higher share prices, it appears we're going to have to have better management. How do we incourage that and still hold our shares?....as if selling our shares makes any difference. (note: As we expected "metal on the table" didn't help much.) <<
This logic too seems very incongruent. In my opion, IPM managment is doing an A+ job in developing and protecting the larget AU/PGM deposit in the history of man! I think you are saying that short range prices and excellent PR is much more important. Jody, remember Vantage and Regeena? Remember how good Dino was with Regeena PR? Oh my! And what were the names of the Vantage managers? IMO, when (not if) it's time for a down market to get excited about IPM, they will and the rise in stock prices will make BXM look like another LLL or NCW. One more thing, if all I wanted was a double or tripple, I'm not sure I would even be in IPMCF right now. This market is terrible. But, with the right things happening, I think IPMCF could easily go to $100 in 1997. With this kind of play, I really don't think that aggressive PR would be a smart move. |
