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Gold/Mining/Energy : Napier International Technologies Inc. (T.NIR)

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To: David in Ontario who wrote (1278)8/13/1998 6:06:00 PM
From: Tate  Read Replies (1) of 2444
 
One question to some of the Napier supporters out there. Why do you take any constructive criticism or difficult questions so personally?

You didn't start the company, yet it appears to me that you act as if this is your baby and resent anybody challenging your thoughts, or not agreeing with your assessment of the company. Surely, this stock forum is not just a place for all of us to agree on one point of view, but rather, a place where each of us can put forward our own thoughts and try to determine which ones are worthy of further discussion, and which are not.

Just an observation...

Like I said earlier, I don't want to rain on anybody's parade, but I also don't like to see relatively inexperienced investor's get caught up in the forum hype and sustain financial losses.

TO Gino: Just because I just recently joined and posted doesn't mean I haven't been following the company. And yes, these are my own opinions, however, they are influenced by my network of people in the investment community.

A couple of questions I would appreciate seeing answered in this forum are as follows:

1. What fundamentals are you using to establish that the price of NIR is currently undervalued.
2. What assumptions must take place in order for the stock to be worth in excess of $5.00/share. ie: amount of sales, p/e multiples, peer group multiples, etc...
3. What is the net asset value of this company today?

If someone would like to supply answers to the above, I would greatly appreciate it. If not, that's okay!

I don't want to get into a pissing match with any of you out there as I have far more important things to do with my time (as I'm sure you do as well) than spend it trying to match wits with some of you. However, I would like to establish a constructive dialogue on the company and would be interested to know why you think the stock deserves a much higher share price then what we see today.

Regards,
Tate
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