Hunter, we've heard it before. I agree with Mitch, please boogie. The only investment riskier than mineral exploration is film production which was Tridon's focus. We are all sorry that you lost money on Tridon. Obviously Paul is much better at mineral exploration than film production.
The fact is that Paul has not run away from Tridon. He is refocusing that company and still trying to make it work. If NAE performs as well as many of us anticipate, it will provide Tridon with substantial funding for their new product line.
As for confirming agreements, I have called KNE and they did confirm the gas gathering contract with NAE.
As for Paul's ability as a manager, I know that he has explored, drilled and monetized a gas field all in the span of six weeks. That sure impresses me. That it doesn't impress you is not surprising since you are the supporter of the previous IMMM Director who was sent packing due to his malfeasance when he defaulted on their first well. What a joke! How ironic that you also posted this same individual's comments on the IMMM thread who was apparently engaged in the very activities described by the Business Week article that you cited. You seem to be an intelligent person. Your personal vendetta against Paul Ebeling belies that.
Regarding Paul's truthfullness, I have had several conversations with him over the past seven months. He has not misled me, nor made any claims that could not be supported with time. When events didn't turn out the way we had hoped, there was always a substantive reason, and sometimes the results were for the better. Nine times out of ten, when Paul says this is what we are going to do and why, it happens. As he would say, you can't push a string, you have to pull it.
In the world of investing, results count. Ebeling has taken a shell of a company that had been ransacked by the previous management. He has reorganized, refinanced and renamed the company. He has generated positive earnings in less than seven months. He has also developed relationships at home and abroad that will bring NAMX investors long term rewards. I like where Paul is taking us. If you don't want to come along, that's your choice. But don't try to trash this company because of your spilled milk.
marty |