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Re: mortgageman post# 4501

Wednesday, 05/14/2008 10:54:42 AM

Wednesday, May 14, 2008 10:54:42 AM

Post# of 7631
My belief is that mgmt of a public company has to control what they can control. I don't worry about naked shorts because that's not something I can control. If I was running this company, I would worry about what I do control.

Acquiring properties and arranging for good JV partners
Showing investors good financial results
Bringing properties to production and revenue generation

Acquiring properties with minimal capital= grade A
Arranging for good JV partners = grade C-
Mostly poor choices. Paramount is our big hope.
Many questioned the lack of info on Raven but we were assured there was big money behind it. No mining experience so Tara arranged a fair amt of the work. Minimal progress.
La Camera is talked about the same way as Raven. Big money behind it. Let's hope there is mining expertise inside the company and they can deliver. Several loser partners have come and gone.

Showing investors good financial results= grade D
Lousy performance delivering financials for a non operating company, promised the moon, delivered much less, still 3 qtrs behind after two years of promises.

Bringing properties to production and revenue generation= grade C. Execution has been average but expectations were raised way too high by mgmt. Results are apparently about to show but we'll have to see what actually comes about.

Bobwins

Please post stock symbols first in all your posts. If it's a foreign stock, please list the US pk equivalent symbol.

If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE

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