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Quer

07/09/11 12:17 AM

#2667 RE: Daved810 #2666

I so agree with you, Do not mean to be negative but all of what is coming out with no response from management, makes one wonder, but 400 mil , is not just a gamble, and if it is one would wonder, what do they know that we don't. K goldfork & Eclpse need your opinion, what is going on
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goldfork

07/09/11 2:05 AM

#2669 RE: Daved810 #2666

Yes, companies do take risks, sometimes oblivious to what is truly at risk. Why... communication.

I believe that we have to wait for the process to complete. It will take time, it may be minutes it may be months.

I'm not sure of everyone's experience in investing, but I have been watching and tracking several stocks. Over the last 6 months I have actually seen investors all jump on a bunch of hype that turned out to be a pump and dump stock. It was interesting to see how everyone's greed took a stock from less than 0.10 to close to a $1 inside of a week. By the end of the week, some of the more astute investors started to do some digging. Why, because the press releases being made had nice headlines, but at the end of the day had nothing to back it up. Within a day, of people starting to question what was going on, the SEC had frozen the stock leaving a lot of people without cash.

What I am getting at here, Mr. Johnson & Team appear to be doing their best to be 100% diligent in everything they are doing. They are not spreading hype, each press release they are disclosing only what they can prove. They have proven that they are doing everything by policy and regulation.

I like that. If shows great corporate responsibility. Even though this is a high risk investment, it is this endeavor to be above reproach that give me comfort.

I have thought about this a lot. If they were to announce early before they had 100% certainity, then we would be seeing greater swings in PPS. Nobody would be happy. Today, we saw PPS go down, not because of lack of news, it went done because everyone is holding. Very few are selling, and those who are going to buy more, most likely are waiting for a more definitive PR indicating success.

When MWR does come out with a PR that we are all waiting for... Dont worry, a storm will happen. It will be big. Why, because when that PR comes out that we are waiting for, it will be a Golden PR, with substantial weight. Big enough weight to take on a giant who appears to be able to side step these issues. (Like they say, always take a gun to a knife fight.)

When we see this PR, we won't have to question why anymore. We will be seeing it on the 6 oclock news.

I've said this before. WOuld love to be a fly on the wall, to know what is going on. Totally would help me sleep at night. I'm just like the rest of you. We know there is a good chance of something good, we just dont know when and to what signifigance.

That is why you see me typing "Patience" all of the time. We all need to be.

As always, its just my opinion.
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bootstrap

07/09/11 4:46 AM

#2672 RE: Daved810 #2666

Dave810... I agree with your Noam Chompsky reference. From my understanding, in Canada we have less laws blocking monoplies by media corporations. For example, Quebecor, a giant media corp in Canada has many subsidiaires and they own everything from TV programming, local newspapers to trashy dailies like 24hrs/The Metro. I cant remember if they own The Metro or 24hrs...anyway, they also own Sun Media. Guess who sits on the board of Quebecor? Brian Mulroney. His son is a host for a flakey Canadian entertainment program called E Talk. E Talk is owned by Sun Media... wonder how he got that job. Anyway,not only does Mulroney sit on the board of Quebcor, one of the biggest media corps in Canada, he also sits on the Barrick board. The lesson, weather it has to do with Pascua Lama or the invasion of Libya, very little truth can be gleaned from mainstream news. BTW, Im typing on a french keyboard...forgive the spelling and punct.