News Focus
News Focus
Followers 87
Posts 17174
Boards Moderated 15
Alias Born 02/16/2001

Re: jjz34 post# 39056

Friday, 09/23/2005 2:04:39 PM

Friday, September 23, 2005 2:04:39 PM

Post# of 78736
JJZ, I fully understand your logic and I felt the same way in the past, however NV has been pretty good at 'extending' their timelines and 'another few months' never approaches. As I explained in the past to this poster (that is my frustration with their timelines):

**************************

Posted by: cosmoworld7
In reply to: rocket1010 who wrote msg# 38064 Date:8/29/2005 9:37:39 AM
Post #of 39062

Rocket, that was a good post, but there is one aspect of it that I will have to disagree on. And that is: we wont know by December.

If you follow the pattern of NV over the past several years, they have set and missed many of their own self imposed deadlines. For example, when end of year approaches, they will announce some delay of some insignificant time frame, such as a couple of months (due to inadequate funding or some technical glitch). In that scenario, investors have no choice but to to say, 'OK I have waited this long, so whats another few months, its really no big deal. We will know the truth by then at least'.

Then when the few months delay finally 'arrives' they impose yet another delay of a similar nature. This goes on and on for several years and the whole charade continues while investors are kept confused and indecisive.

I am certainly not hoping that the above scnenario repeats itself again, but past experience tells me otherwise. Well will soon find out...

Regards,
Cosmo



Disclaimer: all my posts are my opinion

1,000,000 - 2,300,000 - 4,000,000

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today