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To: Bearcatbob who wrote (2342)7/2/1998 3:29:00 AM
From: Harmattan  Read Replies (1) | Respond to of 4066
 
And if you go to any one of dozens of other threads the main bitch is that shareholders can't get a squeak out of managements whom are hiding their problems behind a stone wall of silence. One can view Dave's actions negatively and call it hand holding or babysitting. But looked at comparatively, unlike most managements, Dave is writing words into the public domain over a sustained period of time. I call it informing the small shareholder on a far more timely basis than in pre-internet times. With the accumulated record, we have a body of evidence against which to judge future statements and press releases for consistency and forthrightness. He is taking a huge risk in making himself so vulnerable and more to the point, he is willing to take this risk (especially now when many shareholders are not feeling so charitable toward managements). I said I wouldn't say anymore about this and now I really won't. But as angry as I've occasionally been toward silent managements this past year, I am impressed by Dave's willingness to subject himself to public critique and subject himself to the burden of his own words that he can never retrieve. IMO that shows a confidence that will inevitably surface in his way of doing business. I couldn't help myself responding to you Bearcat. We may disagree on this point but in the overall scheme of things I continue to defer to your keen insight into things technical.

ghunk



To: Bearcatbob who wrote (2342)7/2/1998 7:45:00 PM
From: D. Bryan  Respond to of 4066
 
I suspect that the stock may be even lower if Dave wasn't giving a play-by-play. Not that that is really the problem, but I want Dave to start playing hard ball with MAC. Lets roll up our sleeves and make this company move. I think he better ask himself if he is spreading himself too thin (to truly be effective) with GMD, MGR, & anything else has has on his plate. With how this looks right now nobody wants to involved with a company that has been known for Salting, it brings back too many memories about Bre-X. I think it is going to take a substantial effort for MGR to even have a chance with the Black Eye it just got, rightfully so or not!



To: Bearcatbob who wrote (2342)7/3/1998 4:04:00 AM
From: marcos  Read Replies (1) | Respond to of 4066
 
Bob, this is one of a number of negative comments that you and others have made regarding the fact that Dave posts to the thread.

Well, some of us like him posting here. I appreciate the fact that he is not one of the many CEOs who will tell you anything they think you want to hear on the phone while snickering, knowing that you can't use a tape of the call in court. Every word Dave posts here is recorded, dated, and archived. It's on record, and I like that. I give him full marks in communication skills, very few have huevos like that.

There's an unspoken note in some of these negative comments that seem to criticize him for not doing an objective critical analysis of the stock as an investment. Well, that is not his job - he is the Prez, and the geologist, period. Of course he is going to be optimistic as long as he retains enough personal optimism to keep on going out there and doing the job.

But that doesn't take away from the fact that what he posts here is useful information, a viable part of any critical analysis, and an infinitely better communication with the shareholders than the great majority of companies out there, imho.