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Gold/Mining/Energy : Canadian Diamond Play Cafi

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To: james flannigan who wrote (4815)11/24/2006 5:07:42 PM
From: WillP  Read Replies (2) of 16206
 
Shore, assures me below $10.Now that sounds like a forecast to me, for someone who don't like forecasts you seem to think its ok to take that to the bank.

James, you either don't comprehend what you read very well, or you're just funnin' with me.

What I wrote, of course, was: "Shore also assures me its operating costs will be less than $10 per tonne, which would be about one-sixth what is predicted for Gahcho Kue. I have a hard time believing that, but it was likely one of those doctors that you swoon over that came up with the figure, so who am I to quibble. [grin]"

Yes, it is a forecast, but not my forecast. Further, I have concerns about its accuracy. I won't put it unqualified in a post, much less take it to the bank.

But when I post topics that Evans and I talk about,your thoughts are "well evans is CEO of MPV and is going to paint the best picture" (not your exact words,just the meaning).

No, they're not my exact words, although they do match closely with what others have said. I would never fault any company head for presenting his best pitch to investors. In fact, I think they should.

I see a double standard here.At any rate we can agree to disagree,and that makes for good debate.I guess there will always be two forces at work, half full,half empty.You know that I see it half full (GRINNNNN) James

If you reread my posts about Shore, you'll se no double standard. I hold them to the same standards I will Gahcho Kue. With regard to the operating costs in Saskatchewan, I continue to press for details.

Our only disagreement is whether it is prudent to tout the best case scenarios today for a mine that won't start to produce diamonds until 2011. That didn't work so well for Tahera.

There are clear benefits to underpromising and overdelivering.

Regards,

WillP
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