1) I disagree. The timeline was clear to both Calandra and to the reader, let alone to Beaty who was being quoted POST BAY acquisition. Why do you think ole Calandra was interviewing him, if it wasn't for the fact that the BAY/PAAS merger had just been announced. Go back and do like Wayne suggests...read it in context and quit trying to put YOUR spin on the black and white facts...date of the interview and context of the interview. This PAAS overvaluation is all about POST BAY acquisition.
2) I disagree.
(A) Of course they hit silver in 74 holes, I never said they didn't. Prove otherwise.
I stand by my statement:. 74 does not a "bankable"l feasibility study make.
Take it up with the experts metallurgists who model these things.
74 holes is a septic take latrine lateral definition.
(B) I disagree: these are sulfide deposits in the Sonora district, district wide. Have you ever talked to someone NOT associated with BAY to disprove me?
If your BAY bunch can't tell the exides from oxides from sulfides they are in even more trouble with the shareholders than I previously thought.
(C) Distribution of silver in sulfides is NOT the low cost business model # being floated around, regardless of the pie in the sky IRR you keep touting.
(D) Enormous potential underground? OH? Can you see through ground now? Show me results, not touts. Then we can talk again. All you have is a 74 drill hole Sulfide deposit in a highcost extraction deposit in Mexico. My metallurgist against your touters. And now you don't even have that, as PAAS has you.
2) I am not any more stubborn than you. I'm convinced I'm right, and since I have not one single dime at risk in the stock, I HAVE THE LUXURY of waiting for the facts to come out in some buried annual report table in PAAS fine print. You have capital at risk, and therefore, I suspect your "stubbornness" is proportional to your committed risk capital.
3) I DISAGREE THERE AS WELL. Congratulations on your profits in RIC, if you actually sell and take any. As for Glamis? They've made money for darn near everyone who got in about 7 years ago when Sogen bot. So?
4) RE: your low opinion of PAAS. Nice of you to admit it. Improve their balance sheet? Not enough so that anyone else would particularly get all excited about. And they STILL DON'T HAVE a property that is economic at $4.50 silver. They haven't pulled out a single BAY silver ounce. I still have the luxury of waiting for facts not in evidence now. You don't. The game is up for you...and I doubt very VERY seriously that you will now start touting PAAS as your new rav fav P&D
5) I have no need to "change my mind" until I'm presented with facts, currently not in evidence. Again, it is my metallurgist against yours.
Now, let's spend a minute with your last erroneous judgement statement:
5.1) I "changed" my mind about MKM.V...it is now delisted and bankrupt.
5.2) I changed my mind about ENRON in 1987, and cancelled my orders...look at them.
5.3) I changed my mind about BRN...they are in the toilet...and they were the granddaddy of the old gov't sponsored internet.
5.4) I changed my mind about MSFT, took profits and ran.
5.5) I changed my mind about BattleMtn Gold.
5.6) I changed my mind about BGO and AZS back in the "old days." sold BGO, and most of AZS...still have some of that as they were free trading shares and not worth the paper they were printed on.
5.7) I changed my mind about Bre-X being a good holding and cleared out $3.00 from the all-time high.
5.8) Fact of the matter, you changed your mind about Bre-X too, and dumped out at C$7ish the first time...and then later told the world you waited until C$20ish to get out. It's all right here on SI. And it's part of the reason I have no respect for you either.
Oh, yeah, I'm capable of changing my mind. So, don't make absolute statements about me when you know absolutely nothing about me or my track record.
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