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Gold/Mining/Energy : Winspear Resources

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To: VAUGHN who wrote (2902)8/19/1997 4:41:00 PM
From: Tomato   of 26850
 
VAUGHN,

Investing, in my experience, is, in the words of a better investor than you or I (Peter Lynch) like playing a game of stud poker. You never know what the cards are that aren't turned up. So, I have to look at what is known and at all the circumstantial evidence. I have used SI to provide some circumstantial evidence. By no means do I rely on any individual in making an investment decision. So disabuse yourself of having serious influence one way or the other in my decision making processes. And definitely do not take credit for my investing in SUF. I invested in SUF before I ever had the experience of reading any of your posts and finding my eyes glaze over in incomprension at the pseudo-science I was attempting to read. I also was always puzzled why you used the plural "we" in your pronouncements and had unidentified sources.

I don't feel like going back over your many posts to point out the errors in your conclusions, but unless I was on some drugs someone slipped me, I will lay odds that you were wrong more than you were right about the conclusions you made about WSP and the geology of Snap Lake.

To suggest that I lurk and benefit is humorous. One, I don't lurk, I contribute, and two, I benefit from what I consider intelligent opinion, but since I never considered your opinion in that category, I don't think it could be said that I benefitted from your opinion. I certainly never based any investment decisions on anything you ever said. I spoke to Chris Jennings at a Gold Conference in December and based my decision to invest in SUF in large part on that conversation, not on anything you had to say.

It never ceases to amaze me how you always seem compelled to say how you have no geological credentials right before you launch into what appears to be a geological pronouncement which then usually includes a phrase like "we are of the opinion." To me, that means you are holding yourself out as someone who is an expert in what he is saying. However, I use the, "If I can't make any sense out of it and it makes my eyes glaze over, and it sounds like Prof Irwin Cory, I don't buy it" test. I may be missing jewels of wisdom, I confess. Maybe it's just your writing style, and pearls are being thrown before this swine, or fruit. But when you say things like SUF should or could be at $500 in a few years, a little bell goes off in my brain and I think I've made the right decision to totally discount you opinion.
But sally forth all you like. It's a free country and a free thread. Just don't say "I told you so" and play martyr when you didn't and you aren't. Or rather, go ahead and say "I told you so," but don't expect a lot of people to buy it or your quasi-geology.
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