AMF you are one disgruntled shareholder, aren't you? And I refering to all of your investments, at least that's the impression I get when I read your posts on other threads as well. Let me fill you in on few things. But first I would like to analyze your last post on this thread. You wrote:
< Have you considered the possibility that Sungold management already knows that
they cannot get this stock listed, but is not telling investors so that management can
take care of their own personal interests first? >
What are you implying by saying <personal interests ?> Are they selling their shares without filling out an insider's report ? Or are they moving Sungold's office from high priced downtown location to something less expensive and keep the difference in rent price without disclosing it to shareholders ?
Oh, yes looking at that nice view of downtown can be quite boring if one has nothing better to do, you know.
You proceed to say:
< Investors should long ago have hired a lawyer to protect shareholder interests, instead of huddling together like sheep.>
Now, if this is not a post Bre-x bandwagon mentality, I don't know what is. Hire a lawyer ? To do what ? I don't remember anybody being charged with anything illegal. Protect shareholders interests from whom ? Big bad wolf ? Since you say that we huddle like sheep, when in fact many of us are patient and very understanding and supportive of Sungold's management. We know that management is doing everything that is humanly possible to get the stock listed again. Maybe we should follow your lead and start accusing everybody and everything that moves for our investment misfortunes ?
And you continue with your attacks:
<The fact that Sungold has not communicated with its shareholders, and that Ted Carter has completely distanced himself should give a clue as to what is -or is not - happening. Don't forget that Sungold management has lots of practice in failed ventures and flim-flam...it's beginning to sound like Bre-X.>
Did it ever cross your mind that in the investment world we have this little thing called "Non disclosure clause" ? I'll leave it to your imagination.
Who is a newsletter writer ? An individual who for a yearly subscription fee will share his or her views on companies. And at times recommend a buy of a stock that in his or her opinion should appreciate in value (in near or distant future). Sort of like a stock broker but much more ethical, no phone calls, high pressure tactics to buy or sell etc. The most unpopular and unread part of any investment newsletter is usually at the bottom and it's called "Disclaimer" which in translation to laymans language means " Hey buddy, this is stricly my view and opinion I do not guarantee anything, brown stuff is known to hit the fan. You should do your own D.D. before you hop in on this puppy with all the proceeds from the second mortgage on the house (or a third one) in your quest to find another Diamond Field".
Now AMF, it's obvious to me that you don't have a high opinion on Sungold's management and I quote:
<Sungold's management has lots of practise in failed ventures>
I don't recall Mr. Church or mayor of Memphis being as you stated failures in ventures. I would ask you to clarify it, but your posts insult my intelligence therefore I won't. Next time if you decide to buy a stock, buy it because you like the company based on your own D.D. not somebody elses. At least you won't have anybody to blame. IMO if you really want to make money, you should stick to selling lemonade in summer, the risk is minimal.
By the way, did you know that when Essex listed on TSE the name had been changed as well ? The new name is Assex and the symbol is ASS. Sheeesh, AMF you didn't do your D.D. again did you ?
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