Life happens...
I don't know who you mean by knowledgeable shareholders... or what qualifies one as such... but no one... knowledgeable or not... has a clue as to how things would have turned out if the standard industry deal was accepted back then... no one has that crystal ball...
JJ went for the Brass Ring... and had he gotten it... he would have been a reigning hero... but the partner defaulted... not JJ's fault...
Certainly not JJ's fault that share holders have to sell... it happens all the time... I know share holders who sold at inflated prices of .15 to .19... I guess it's the luck of the draw on timing... or maybe those knowledgeable ones who had to sell at a loss... weren't so knowledgeable after all... I just don't understand that reasoning you laid out... it makes no sense...
We wouldn't even have the Mountain if it wasn't for JJ...
And our piece of the Mountain has grown immensely too... courtesy of JJ...
We wouldn't have an above industry standard deal as we do today... if it wasn't for JJ...
And no one can predict the prices of metals... not me, you, JJ or your knowledgeable ones... those prices could have gone up and been higher today then back then... but that didn't happen... so like I said...
Life Happens... how one deals with it is what counts...