To: Zeev Hed who wrote (8138 ) 10/28/1998 8:12:00 PM From: d:oug Respond to of 14226
Zeev, I did a cut and paste of your reply and hopefully its accurate. <<< by observing the stock's technical action of IPMCF, I (Zeev) were able to warn of impending troubles well before black Friday. >>> Yes, your were very correct in your advice based on the technical information that you saw. I have to admit tho that if I was one of those ipmcf shareholders with the "dream of riches from Black Rock", that my desire to "ride this to completion" would have been too strong a force in me to accept any information not predicting success. Jay Taylor's public weekly update has two items: (1) Naxos, to dump. Got gold but bad managers. (2) TTIAF, Thermo Tech, which may have a good produce, but may also have a person in the company scamming investors. One of the thread posters there thanked you for your past advice to get out when you saw trouble there, and ofcourse those who did not take your advice wish they did. You are able and willing to take the heat for your posts, and based on other SI posters, on the top for being right more time than others. To me, until GPGI lets shareholders oversee their current events, then bad management can sink a company the same way as a scam company can. I'll guess that if GPGI's technical results (no secrets) were public on an official web site months ago, those like you and Richard and others would have identified unofficially to GPGI a possible problem. The hic-up could have been avoided. <<<<< The truth is that the current action of GPGI does not instill any confidence at this point either, and thus extreme caution should be exercised, IMHO. Zeev >>>>> I agree. Even if the dirt contains precious metals that can be mined at a profit, if the person in charge controls too much in a bad way, and employees cannot do the job they are trained for, then <<< extreme caution should be exercised >>> until this aspect of GPGI is knowned to exist or not. Doug