My Honest opinion about Morris is he's just a "SMART" gutless punk that is trying to manipulate the stock.
I think his ego is bigger than his brain though.
He's smart enough to throw a lot of figures together sprinkled with opinions and innuendos to get the attention of a lot of investors that aren't quite savvy enough to read through his manipulative tactics.
Now I have no idea if there is some other entity at play here that is backing him.....you can throw out all the conspiracy theories there are but the fact is all we can go by is what he writes.
There is no doubt he is educated enough to know that if he baffles peeps with Bshlit he can be succesful at bringing the price down....and he also is smart enough to know that MOST of the investors start seeing his crappola in HIS numbers that he pulls out of thin air,,,,,,,that they will take it as the gospel truth,,,,,as fact,,,,when it is not.
This stock has always had a great degree of "potential" and the fact is even though they have been successful on many fronts...sometimes more successful than any other company in the world ....they still fall short on monetizing what they do.... at least so far.
Because they have changed their business model this last year and more so in recent months getting rid of the dead weight like Dorado Discovery to the tune of possibly 600K a month ,,,,,,things should start turning in their favor over the course of the next year.
The one thing I will be waiting to see is WILL they continue working in warm waters on a profitable project through the winter.In my opinion they have to.
If they don't I think their demise might become a reality as Ryan Morris suggests.
I see it no other way......if they don't follow this recovery up with more work and keep it coming back to back ...they will NEVER be successful.If they do...they have a chance to become what they have always said they could and increase shareholder value in the process.
My Posts are my opinion protected by my first amendment right to free speech
You don't drown by falling in the water; you drown by staying there.
