To: Scott Wheeler who wrote (3467 ) 1/16/1998 2:26:00 PM From: Richard Mazzarella Read Replies (2) | Respond to
Scott, until one of the dirt's really shows metal on the table at a cost less than the value of the metal, comments like Tim's can't be so easily discounted. We may not like what he says, but if he saves some investor a few dollars we should welcome the cautions. None of the dirt's has made any investor money based on the merit of cash flow, only on promise and paper. The speculative aspect of investing in promise is as valid as any analysis of balance sheet, but that risk must be understood. I actually welcome comments like Tim's where some have been accurate and timely. None of us longs like to have our bets challenged, but the more we are challenged, the more certain we can become in our investments. <<did $15,000 worth of PMs come from their properties >> That's not original with Tim, but I believe stems from published comments on rumor of one company using automobile catalytic converters as PGM source. Do I believe it? No, but that's some of the stories out there. I would rather hear all that garbage than be sheltered by stock "enthusiasts". Tim serves us well IMO. When he stays away from the personal nonsense I encourage his input as valuable for all of us. I even liked the HungryLion crap. We longs have done a lot of speculation without much fact, it's the nature of speculative investing. Doubters should be allowed the same courtesy. We each make our own investment decisions and need to evaluate information in all forms. I am almost certain that very few will agree with me, but that's how I feel, sorry for all the babble. I am encouraged as we come into this new year with the prospects for MXAM and MGAU. Maybe one of these can get finally the dirt's kick started.
