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Gold/Mining/Energy : Paramount Ventures & Finance
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To: Admiral who wrote (535)3/13/1998 10:57:00 AM
From: Yorikke  Read Replies (1) of 4884
 
Admiral,

Welcome to the thread! I still believe in paramount.

However. It's time for the company to get its act together. The present state of the stock price is a much a result of the market and the slow development of the properties as it is poor investor relations.

I've said this before and I'll say it again. I don't hold the IR boys in the office responsible for this. They have to do a lot with nothing. But it is nothing we are getting for information and the market has had enough of this ancient attitude. Investors want information not promises and blue sky dreams.

We were told there was a big deal on the Wawa scheduled at the recent miners convention....BS....twiddle! If there was it took place in the mens room in the basement...What kind of jibber jabber is all that for?

There are companies that try to provide information. Take a look a Yamana. Their investor relations man is on the SI and participates with investors in an attempt to bring an understanding of the company and the properties....and hey....they find something and the stock doubles overnight. Why? Investors have the information they need to make a decision.

Paramount is a story-book stock because its all just fluff for information. I've been listening to BS for 3 years. My one request for some reasonable information was met with silence from the company. I asked for a list of the active properties and the burn rate...Oh Oh Oh such a thing to ask!!

People who have money to invest are going elsewhere because this is such an assbackwards relational blunder. It will continue to be until the company provides regular updates on what it is doing at each property, how much it is spending, the stages of property development and the techniques being used, it plans for the properties, and what it intends to do with dormant holdings.

Information is just that. I'm really tired of the warm and fuzzy 'we gonna be rich' crap. I could of bought a bunch of rugs and put em in a warehouse and have been better off than I am now!

Admiral, I'm still very hot on the company. But I'm quite fed up with the way we are being treated.

Again, welcome to the thread.

Now I need my first cup of coffee.

regards,

mnmuench

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