Hey Chuca, my library is packed with books on mining going back to the year 1400. Almost every assay book written in the past 100 years and a number of equivalent metallurgical works as well. On top of that is a lifetime of experience.
Ignorance is bliss to some folks. Its easy to sell balony as gold to Doctors, Dentists and Lawyers. Try and convince the peers in an industry and its another story.
I don't profess to have all the answers to what is reality, but I have developed opinions. When I look at the art of assay, I know enough to know that I have yet to meet the first man that knows it all. Maybe I should get a names list from you. Metallurgy and analytical professionals to be included.
The problem I find in assayers of the complex ores, so to speak, is that they keep their ideas secret. Their secrecy is often the brand of ignorance. Often when I find out what a "black box promoter" really knows, I find the practice of alchemistry and wizardistry would better represent their knowledge. When will these metallurgical scientists get together and share their ideas with the rest of their peers, there is probably more knowledge than they need to meet any perceived problem collectively among them. You know I practice providing free information.
Its a better more knowledgeable investor working with the true professionals that will eventually return sanity to the industry. The purpose of investing money is not to have someone spend it. Its to create opportunity, to turn that opportunity into PE ratios and to create jobs and security for investors and employees. Isn't that what it means to you?
By the way, Jack seems to be quite professional to me. Maybe he is in a difficult position. It seems that when a mining professional puts more emphasis on the negative rather than the positive, the ignorant investors are not knowledgeable enough to weigh the information and make balanced decisions. Its risk to reward. Knowledge is needed to assess the risk. It places that individual in a very awkward position. The ignorant investor will run like a rabbit unless his wishes are met as daily feed. I don't envy any professional in public companies trying to compete in an illogical world today. Its tough. As a professional, I would like to see all of the facts on the table. At least than I can weigh the odds.
Chuca, don't knock the old. A lot of what I say is practiced by major companies every day. You would be well advised to look at what the successful guys do or have done in the past and do not deviate too far from the proven path. That road offers the least resistance.
I understand you are an intelligent guy, you have a lot more knowledge about the Internet than I have. You can help by learning from the library and other sources and then offering help to further this cause. Believe me, I am making no money from this thread. I feel ultimately I will help some of those companies and their investors by being a little teachy. You could help by helping me. I told you a whole generation of farmers started mining companies. I also want participation from more professionals here. You can help me activate their interest in joining us. There are some good professional folks out there. I appeal to them to join in. This forum is especially good for professionals that do not have stock to sell. They are in a position to be more open without fear of damaging their companies. Its not that they can't be fully open, its that fully open will certainly damage their perspective in the eyes of the competition. Its the lack of resources knowledge in the investor community that puts professionls in this difficult position. I will never change all of that, but I am trying. If you want to contradict me, do so without resorting to ridicule. I am a big boy and admit that I don't have all the answers. If I did, I'd be rich. I think! At least that is my opinion. mike |
