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Gold/Mining/Energy : Nuvo Research Inc
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To: DaveAu who wrote (11274)10/24/2002 9:37:06 PM
From: axial  Read Replies (2) of 14101
 
Hi, Dave -

"I do think the waiting will go on and on for some time yet. Even if we do get approvals, we have partners to sign, labels to agree on, formularies to list on which will take far longer than any of us armchair CEOs will deem reasonable."

Excellent observation. The whole process has proven to be considerably more complex and difficult than many anticipated. There's no reason to suspect that it's suddenly all going to fast-track.

Your cautionary outlook is realistic, IMO.

In view of the unmet expectations created by DMX, it's difficult to blame investors. Has IR finally learned not to make wildly optimistic forecasts and projections?

I hope so. If DMX stops creating unrealistic and unachievable expectations, there may even be happy investors at the next AGM.

Regards,

Jim
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