To: russet who wrote (1987 ) 11/17/1999 1:22:00 AM From: marcos Respond to of 5053
Rofl - for a minute there i thought he was talking about us - "whose high powered board has been looking for a story all year " ... but he means the BoD, not this board .. makes ya wonder, maybe both -g- Kaiser is always a good read, imho. He does tend to ramble a bit but only as far as he needs to go to get some independent thought out - for instance, his point that jdx is in a unique position to present Canadian opportunities to international investors - that's true, and could be the way things go for all we know. When he talks about the $20 millions in the kitty being insignificant I do think he's overlooking what i see as the logical plan here - have Civelli and his network run the stock to higher levels on news of specific deals and then do a financing. And then do it again, and again. Those 20 aren't the last millions on the planet, and they won't be the last going through Jordie's capable hands, either, imho. russett, i too looked into jdx after keith mentioned it on the Chief's thread back in January, but Kaiser does deserve credit for having it as one of his 'Cash-rich bottomfish' in his Christmas '97 issue ... can't find the issue right now, but he did make some fine general points in it, for instance '10 ways they could blow the cash', or words to that effect, these comments applied to all the cash-rich juniors at the time, many of whom did blow their cash in exactly the ways he laid out. That jdx did not is to their credit, and undoubtedly a major reason why JK still likes the stock. I find the value in what he puts out is not in his specific picks but in the general ways of thinking combined with all the little snips of interesting info he comes out with. He is an educating read ... i just ignore all the 'buy this' and 'sell that' stuff, always did no matter who says it. I'll probably subscribe to JK again ... likely Claude and Sudhir first though .... cheers