Yes, you certainly have been bad because I see that some of your posts have been deleted. Into the alligator pen with you!
But then I also see where the one where I gave my true identity....you know....JS...was also deleted. Oh well.
I agree with the underpromise, overperform statement that you made, but truthfully that could also be applied to PHGI as well. (I figured that I'd better say it before the bashers did).
But it's true. We were promised a Canadian dividend....we were given an implied promise that the bb listing would be complete by now....we were told that the refinery would be bigger than the one they are building now...we were told that revenues from the gold mine would begin in 2007. We were told a lot that hasn't come true.
So now then....WHY am I still Pro-PHGI? Because I'm stupid?
No, but because I know that almost all new enterprises undergo unexpected obstacles. (such as the deterioration of the bond market). I also know that when we were told those things that is what the principals of the company believed to be true.
So I look at their actions when faced with unexpected obstacles. For example, I'm sure that it didn't enter Beebe's mind that the stock price would ever get so low. And when I see their actions, I salute them. They kept on trucking....one step at a time.
We all know what is being (and has been)accomplished. They have never stopped. They have never quit....even with people bashing the stock, day in and day out. I also judge the quality of the people surrounding the company. And there is only one other stock that I own that even comes close to the credentials of the people in this one.
So, because they have not quit....neither shall I. And I really, really love the fact that they have a few of those former Feds on their side. I keep telling people....there is NO WAY that this company is not on the up and up..no way!
But for now, I guess I'd better quit writing.
