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EquityTrader

07/19/11 2:25 PM

#13271 RE: Farrago #13270

Haven't been through ELKO in years, but I don't mind being the Biggest Fish in a small pond (or multiple ponds). WNRC is trucking along.

licker4450

07/19/11 4:07 PM

#13272 RE: Farrago #13270

Slow and steady will win the race on this one. This is not the typical pk offering. Most will overlook this because of the long periods of inactivity. But, the important thing to bear in mind is that it takes time to implement a business plan. Dan released two Investor Presentations outlining what is taking place in the last 9 or 10 months. Each time he follows through with what is presented in there.

Over the years I am involved in this stock, I find that Dan doesnt issue news just to get some PRs out there. He only puts out things he reasonably feel are important and will come to fruition. In that regard he is rather conservative. So, when he put those projections in the last Investor Presentation, you can bet he was not going far out on a limb. They are numbers that he believes are very achievable. Hell, the Ngen projections ought to prove that point.