To: J.E.Currie who wrote (8928 ) 12/30/1998 10:02:00 PM From: JACK R. SMITH JR. Read Replies (1) | Respond to of 14226
J.E., What you reflect is a total loss of credibility in your mind and in the mind of many. Couple this with the fact that the company is operating in an area which lacks general credibility, and the problem can be seen clearly. What clearly must be done here is simply produce upon the many previous promises, and make no further promises until that has been done. It is not quite as simple as that, but clearly, there needs to be a change in the operation of the company and clearly it cannot continue to survive as a viable entity if the past record is continued. I believe that it is neither fair nor desirable that all that crap of the past be dumped upon Mike, for I truly believe that he is working to save his investment and in the process, may save us all. Ok, Mike, here are the goals: Take one month and please explain to us if you need more, for we are truly interested in your results to produce an average of 10 ounces of platinum eqivalent per day from ongoing operations. Expect that we will be most pleased with that on a continuing basis for a period of some months. This is not a large nor is it a harsh goal. First do that, then our enemies will be discouraged. I leave the goals beyond that to your superior mind! I have said before that production is key and supremely necessary to credibility! I will not discuss past incompetence here with the new year approaching and it is my hope that I never have to do that--It is my hope that it will be "transmuted" into a new competence par exelance-- Now that I have said that word, Joe will surely come!! With all that blabbing out of my system, I wish all here a very Happy New year, and I bid them to watch closely over their portfolio and wish them very good success in doing so! While Sir Richard frowns upon my wine comments, let me just say that if one wishes to drink very good champagne in the future it may be advisable to accumulate here. Best to all!! Winey, but not whiney, Jack!