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News Focus
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downsideup

10/14/09 2:29 PM

#4499 RE: Haymaker1 #4495

"Personally, I feel there is NO reason to screw shareholders."

I agree... and yet, it happens all the time ?

The best thing I can say about SFMI is that their filings DO make the structure and the risk factors clear. IF you read the filings and can't note that there are issues with non-arms length transactions, and issues with the structure and the nature of the incentives... ???




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downsideup

10/14/09 2:40 PM

#4503 RE: Haymaker1 #4495

I challenge you to show a SINGLE thing on which I have been wrong... ? The claims I see posted saying I've been wrong on anything... are only able to get there by claiming I said things I didn't ever say... and I'll happily allow others to characterize that behavior how ever they like.

The only fictions I see posted here are being posted by people who appear to do so deliberately... or ignorantly... as the weather thread shows pretty clearly. My critics here constantly grasp at straws to tout me "being wrong"... when even a cursory check shows they are in error, not me.

Anyone here know how much rain they got on War Eagle Mountain this week ?

Where is the live video feed showing progress on mill construction ?

Weren't they supposed to be in production... like, two weeks ago ? And now we hear the "good news" that they've actually gotten financing to begin acquisition of the mill structures ? Again, what we see is their to do list is growing from the front side. The most recent instance is the touting here, saying that construction was supposed to begin immediately upon APPLICATION for a building permit... but they hadn't even financed the purchase of the pre-fab, yet ?

So, not that permitting has begun, and they HAVE financed the acquisition of the building... how long until the permit is in hand, and when will the pre-fab "landmark" be arriving at the site to enable them to begin assembly ?
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downsideup

10/14/09 2:44 PM

#4504 RE: Haymaker1 #4495

From a pinkie management perspective, there is no reason for them to NOT screw shareholders when they easily CAN get investors to pay for the development work, and then keep the benefit of the investors contributions for themselves... while also making a bit off of trading the shares before pulling the plug on them.

Every indicator you could expect to find that the management here is acting in self interest instead of shareholders interest... is here, and flamingly obvious...

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3GDollars

10/14/09 6:42 PM

#4517 RE: Haymaker1 #4495

I always wonder why PQ does not merge Goldcorp Holding with SFMI. ???????????????????????/