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Gold/Mining/Energy : Global Platinum & Gold (GPGI) -- Ignore unavailable to you. Want to Upgrade?


To: Scott Wheeler who wrote (8211)11/5/1998 8:31:00 AM
From: Richard Mazzarella  Respond to of 14226
 
Scott, thanks for the insightful post. <<being flamed in ignorance>> Who's fault is that? His, he can choose to inform shareholders or keep them ignorant. <<certain ungrateful posters>> People that see their investment decrease by an order of magnitude tend to become ungrateful. <<admitted to shorting>> Always the refuge of scoundrels, the shorts. Companies worth their share price can't be shorted for very long unless they have floorless convertible debentures. It's easy to blame someone else. Promise, failure, promise, failure, promise, failure, promise, .............. anyone see the real problem with share price? I think Jensen needs to get his ass down to the problem location and show some direct support. Delegation of responsibility during this difficult time doesn't play well with me. Management by walking around is in order. Either he shows the flag or should resign and improve shareholder value. I have my bags packed for a special shareholder meeting if this nonsense continues. Jensen will find the shorts much more supportive than shareholders if he doesn't begin to show some leadership very soon.



To: Scott Wheeler who wrote (8211)11/5/1998 12:29:00 PM
From: Richard Mazzarella  Read Replies (3) | Respond to of 14226
 
Scott, a few additional comments. <<uncalibrated atomic absorption machines>> That's gnawing on me for a number of reasons. First it suggests a company completely out of control (from a quality assurance position). If they can't do the most fundamental of QA tasks, how can they do the complex and ever expect to produce anything? The positives are that the problems are simple to solve and there is nothing wrong with the ore pile etc.. The other positive aspect is that good practice is an administrative issue, something that can be solved with good management. Today's PR didn't have much new other than make our understanding of McKay's role official. Bring in consultants is also encouraging since the previous trial and error approach isn't working. Overall, things are looking up IMO.



To: Scott Wheeler who wrote (8211)11/5/1998 6:18:00 PM
From: George the Greek  Respond to of 14226
 
Re: Dick Jensen hopes stockholders understand that he is unflaggingly committed to making them and himself lots of money

Music to my ears. This is the kind of management one wants to have running one's company.

I'll lend my moral support to Mr. Jensen.
More power to him.

But we still want to see the metal on the table.
Of promises: we've had enough.
Of patience: we've had enough (I'm thinking of those 10-year longs).

George