SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : BPI Industries Ltd (BPR-VSE)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Clifford A. Brown who wrote (230)3/11/1999 5:43:00 AM
From: Francis R. Biscan Jr.  Read Replies (1) of 355
 
Morning Cliff,

>>I heard they're in Texas signing the deal. Supposed to be a bird in the hand and not pie in the sky. We'll see.<<

VIP is correct in saying that there has been many rumors before of various thing that have not come to pass.

With that said, I do not own this company because of rumors, and I do not buy and sell it based on rumors. I believe the project is viable and will find the necessary financing to move to the production stage.

It always takes longer than is expected to bring things to maturity and there are almost always a few stumbles along the way. It is always trying on one's patience.

The ones that succeed find a way to pick themselves back up and get the job done. The fact is, they have been following through on this for 3 years now. They just recently paid out 240,000 U.S. to keep the leases and paid for the new feasibility study by a highly respected man in the Coalbed Methane industry. It does not make sense that this is fabrication.

It is a good practice to think things through once and awhile to see if everything makes sense. I feel comfortable at this point waiting for the next step.

Have a good day,

Rich
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext