"This is clearly a highly manipulated stock"
By who ? Why not impune the integrity of the CEO because he's in the mining business ? Sure why not ? We all know that Oliphant is a crook also, big crook small crook, everywhere a crook crook.
Forget that, lets go a step further and ask you to let us know the minute you hear that the driller who's taking the fall, gets pushed out of a helicopter or their mining shack gets broken into and they steal all the round two drill samples.
So please let me know step by step where the actual manipulation was. Are you saying that the property never had the high return that it was reported that the original miners realized ? Was Henk sold a bill of goods ? Did someone bribe the drillers to falsify ? How many theory's can you come up with or maybe I'm not understanding what you are saying when you say its manipulated. Are you saying that this trading is manipulated any more than any other issue out there ? This where I'm not understanding you.
Remember Bre-x had NO gold. It was a sham, worthless and yet it still kept trading for weeks afterwards and down to nothing. You said that Providencia is worthless and yet it obviously wasn't worthless to the previous owners who dug up quite a lot of it. I wonder why they stayed so long and what they were looking for ? The silver's there and its too early to throw in the towel when a tiny fraction of it was drilled in a shoddy or unprofessional manner. Speaking of "unprofessional", you are saying that this is maniuplated when Bishop is saying anything but.
He says: "In speaking with the company last evening, I came away feeling that this program has been run in a most unprofessional fashion, and that Olaroz project has not been given a proper chance. A more professionally run program, where those guiding the exploration actually communicate with one another, might produce different results from those reported yesterday"...
Though Henk is supposed to have an expert team, they can't err ? Gee, my car built by the experts at Nissan was just recalled. Guess I'll just leave the car at the dealers and forget about it, probably a lemon.
Maybe the ignorant ones who don't know the background of LaProvidencia won't assign a value to it but there IS silver there but as you suggested earlier the grade returned so far, while interesting, isn't nearly what they expected.
Either it was there in impressive grades or it wasn't: It was, unless Henk is lying or was deceived.
Either it was completely mined or it wasn't: It wasn't unless Henk has been deceived....unlikely.
Oh there's undoubtedly lots of angles here.
What ? A person with Henks reputation sinks Bishop and Tice and dozens of other 'experts' on purpose ? What would he gain ? He has a deal with Anglo, he's not going to wreck his reputation on this and stab everyone in the industry in the back. Walsh didn't care who he scammed as he knew he was dying soon anyways and was a nobody on the scene.
Rocket isn't part of anything Elizabeth, he can't even spell his handle properly. He's a midget that no one in their right mind takes seriously and his style smacks of frontrunning.
So who's manipulating this other than the opportunistic day traders ? You seem to be singling out this company as doing something out of the ordinary and I'd like to know if thats what you mean to say or am I mis-reading you ?
I would agree, not to fall in love with any stock as you suggest but what's different about this one that one should really not fall in love with ? It might even just boil down to some drillers who were 'stoned' LOL. Hey, maybe someone bribed them ?
Damaged, but too early to say its all no good.
Ralphie so naive. |