To: janci who wrote (605 ) 3/29/1998 3:00:00 PM From: Diamond Daze Respond to of 4884
Good morning Janci...Thank you for your honesty on web educate I took it as screaming. By what you have posted it seems we are pretty much in sync. (You or) I did not by this stock for or because of Wawa we bought this stock for a sedimentary copper deposit and a low grade gold multi billion ton deposit, and a NW territory Diamond claims. None of these have been proven economic to date ( the Eureka was dropped ) None of the Argentine deals have been partnered with a Major, has occurred as far as I know.....and Indonesia... skip that for now. You stated that you would be contacting the Italians...( I was adopted by my step father ) I am Italian, so if you don't want emotion or passion don't call the Italians...... I too am awakened at night wondering if I made the right move in investing the majority of my wealth into PVF. I did not make the comment about thirty cents lightly...If you look at PVF chart it has been ia a decline for a long long time. Fundamentally it has a much greater chance of going to .30 cents now then it does to .80 cents...It has been a a solid decline with only one technical bounce. PVF needs a decisive turn around in it's share value, no if ..ands...or buts. It will only happen by a fundamental change in the markets prospective of PVF. So far that has not occurred...until it does occur .30 cents is more likely. We as stock holders , buying our positions at much higher costs must ponder the thoughts of " man I could own four or five times a much at these levels"..in which case you would have all the outstanding float and this wouldn't be an issue. Im not selling but 0__x________2.00___________4.00____________________20.00__________ ..... worry,.......cost,....happy,....extremely happy,... cartwheels...mind blower....... I think I know what the company desires are too. Again if we were there on any point the markets prospective would change..there would be a swell of buyers including our market maker ( referred to as Saint John of Jones Gable in previous posts )...and a decisive turn in PVF price performance. To close that is the sad truth of the matter, this is not the Gospel according to Chris, this is a place where people discuss and ponder their future and guess and deduce where the company's going . Some may have more risk than others , percentage wise and future wise. We have been patient...we need a fundamental change now...At 2.00 I will sleep much better. Still to ponder the fact of risk reward , a investment of 500k in the DOW 4-5 years ago would be nearly tripled with a lot less risk. Then a person could buy not 3 times more but almost 15 times more PVF at these levels today. That's a lot to think about and a lot to take in. So if I get excited it is truly because I am worried and wondering if I made the right investment decision for me and my family......Chris