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Monday, February 05, 2007 12:03:57 AM
I bought JMCP as a lotto ticket. Plain and simple I wanted an explosion fast. These fast explosions usually involve a pump n dump or an exaggerated PR.
Yes, I was very disappointed when this whole craze can to an end with a dividend. The excitement died and there goes our instant gratification.
HOWEVER..... I do have a lot of respect for Taylor in trying to build a successful Ethanol company that will be benefical to the world. In order to do that he had to find another driver. I have total respect for the way he treated JMCP shareholders. We were compensated very well for holding what we were holding.
Advice to Taylor:
1. Produce your own corn or whatever feedstock for your plant.
It will eliminate alot of risk to your bottom line when things get going.
As for JMCP starting up again, that is great. With a little pateniece we will find another venture and create some hype again. It just doesn't happen overnight.
My advice to Taylor is to find an old gold mine with existing infastructure and get it going fast. The companies that start producing on an accerlerated pace will be most effective in this precious metals bull run. I believe that 8-10 new companies will start production by 2010. That is not a lot.
Not enough to fuel the upcoming demand.
I seen how fast you got this ethanol project off the ground. You have the resources to do the same with an abandon mill.
Just some thoughts fellows. Let's get this thing flying again.
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