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Which information are you referring to? Any of my information comes from digging into anybody or anything I know or can find pertaining to the company and the deal. I am a bit maniacal in my determination to pursue information from all sources-including large shareholders, management, and other informed types.I am always certain about my information. What nobody is certain about in this market environment is how the market will value information. One thing is certain in this market-nothing that isnt factual gets priced into the stock. That is just how it is right now. Of course, this will change over time, but how much time is nedded is anybody's guess. Right now, the marketplace wants to pay 20, 30, 40, 50, 60, 70 and higher times earnings for technology plays or internet plays with little or no current earnings or sales, but high expected growth rates. The operative word is expected. In the mining sector, the market will not pay for any expectation at all because Bre-x burned the living daylights out of the folks who used to play in the sector. They are suffering 3rd degree burns for life and will never be quite the same for the remainder of their lives. Too bad. This will change also. All I care about is asset valuations coming in within my expected range of values. If the fundamentals are there and the values are being proved up, then I will be a winner. It is just a question of when. And I can wait. and wait. and wait. Its just a matter of training, discipline, and sentiment. You cant buy low and sell high if you buy high first. Diamonds will always be a girls best friend. |
