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Gold/Mining/Energy : Silver Bull Resources, Inc.
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To: WalterWhite who wrote (1178)10/18/2007 1:57:03 PM
From: loantech  Read Replies (1) of 5637
 
<especially given that the mine plan and drilling results are due out soon>

I think I can shed some light on this. I held MMG for quite some time and did quite well on it. But I sold as Merlin never made a dead line he set. But even more so his attitude towards smaller investors is kind of shabby so I "copped" an attitude and sold.

I watched and waited for a year and then bought thinking that news is imminent at least according to his most recent update.

But I guess once I have been burned by attitude or by missed time line projections I get really wary of investing again in the same stock.. We are in a BULL market for a lot of metal stocks so right now I do not have the patience to wait for the big in the sky returns which patient holders may well get on MMG.

I believe in the fundamentals of MMG quite strongly or I would never have gone in a 2nd or 3rd time as I did recently. But now that I am back in I will I give Merlin much LESS rope. We get the news or I am gone soon. Lost opportunity costs if Merlin does not deliver. Sure his hands are tied somewhat but not as much on the silver model which has been ballyhooed for months.

I may not make as much money if I switch out now but it is much easier for me owning a stock that delivers big things on time. That is why I have overweighted position in Western Goldfields. They are hitting every milestone ahead of time and rumored under budget. So time lines can be met in this busy environment with the proper management and management skills.

So Merlin s--- or get off the pot.
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