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Gold/Mining/Energy : Solv Ex (SOLVD)

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To: Sid Turtlman who wrote (5804)7/21/1998 12:19:00 AM
From: mqmsi  Read Replies (1) of 6735
 
Sid,

I again appreciate the time you took to respond to my posting. However, again we are in somewhat of a disagreement. From what I can infer from your posting, you think that I lack common sense and you have it. I really don't understand your reasoning. About the only thing I can see that I said positive about Solv-Ex was that the pilot plant worked and that I could see no reason why it shouldn't work on a larger scale. Normally, a successful pilot plant is one of the strongest indications of a viable process, at least from my studies. The majority of my postings has simply been questions trying to determine what you know and what I don't. Because I don't accept your opinions without some sort of technical evidence to the contrary, does that mean I lack common sense?

I believe that from what I have seen of Solv-Ex, if the company isn't lying about the abundance and composition of the tar sands, and the process does work, the stock is going to be worth a lot of money. I think there is at least a reasonable chance that Solv-Ex is telling the truth. Suncor and Syncrude are presently extracting bitumen from tar sands in the general vicinity, which is a pretty good indication there are tar sands at Athabasca. The Solv-Ex process apparently works at the Albuquerque pilot plant as a number of people can attest to. And so far, I have seen no credible evidence that Solv-Ex is lying about the tar sands or the process. So if I risk a buck or so a share to potentially make a lot more than that, does that mean I lack common sense?

If don't see much value in harping about a stock where my upside is $1.00 and my downside is unlimited, does that mean I lack common sense?

I also don't bother spending time on stocks that I have no intention of having a position in. Does that mean I lack common sense?

If I tend to accept the opinions of people who have seen the process and say it works over the opinions of people who have never seen the process and say it doesn't, does that mean I lack common sense?

I guess our definition of common sense isn't the same.

Regards,
Mark
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