Umm, is that beeping noise the sound of your trucks backing up, or a warning signal that something is amiss?
Someone drew my attention to my Stockwatch post being spammed over on that Stockhouse den, where all the formatting had fallen off. I shrugged that off, as just more silliness, but I'll point out here that not all of the comments in that post were mine -- some were comments of another poster that I was relying to. Those comments by the other poster are bolded on the original Stockwatch post, which is what follows here.
For the record, the exact post is:
Author: WillP -- Date:2002-09-06 09:31:02
Subject: James F #1
Great street wire,your research is valuable to this thread, thank you.
Thanks.
But will with respect to your vast knowledge on daimonds, i would be foolish to challenge you.
Challenging is rarely foolish.
In regards to your conversation with Diamonds and the implication that MPVs share price may suggest that people are doubting a mine I have to disagree.
But you can't disagree. That's what the share price is saying. There are legions of doubters out there.
What you *can* disagree with is whether there will be a mine there, or not. For what it's worth, I disagree with the maket as well. I think there will be a mine there as well.
Randy Turner and I spoke about the fact that Debeers took out the most valuable 9.9 kt and removed it from the parcels valuation.RT said that DBrs was playing games, using the fluke theory.
I have been making that very point in the street wires for some time now. The modelled value of the 5034 diamonds is actually less than that one stone. They wrote it off entirely, and a bit more, in other words.
For all of us we would have to be in the loony bin if we belived that in 22 million tons Debeers scooped up 1000 tones and by chance found the only large stone in the deposit. I don't buy that.
It's possible, but what are the odds. It's all about odds. You're in a 5-player poker game and are dealt a full house, Aces over fives. All four players could have better hands. What do you do? ;-)
MPVs share price is a direct result of confusion by investors thanks to debeers reporting methodes.
I'll buy the confusion, although your reason may be a bit off.
The share price has nothing to do with value in the short run,only in the long run.If everybody knew the real value of their shares, then we could never make money. have a good day James.
Exactly. Once again, my point was that most investors seem to have doubts. My point was *not* that I think they're right.
Is the market always right, as they say?
Think Winspear.
Regards,
WillP |
