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TenKay

10/30/12 5:35 PM

#33694 RE: DragonBear #33693

Yet they never seem to have read the OTC filings.

Because cognitive dissonance is very uncomfortable.

Some would rather turn a blind eye and lose everything, than admit a mistake and preserve some capital.

The ego can be a dangerous thing.
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janice shell

10/30/12 5:39 PM

#33695 RE: DragonBear #33693

It's not all that atypical. Often--and I think it's the case with KMAG--a few longs are in close touch with the CEO. They get replies to their emails, and their phone calls are answered. Essentially, the CEO uses them as unofficial spokespeople. They communicate with their own friends among the rest of the longs. Generally speaking, no one dares to challenge them, because that might mean being cut out of the Inner Circle.

They're willing to be endlessly forgiving. A FedEx notice stuck to the office door for two weeks? Not a problem!

The CEO calls himself "Jeffrey Reid" in connection with KMAG, and "J. Duncan Reid" as president of his silver company? Perfectly normal!
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lucky, mydog

10/30/12 6:06 PM

#33704 RE: DragonBear #33693

it could be a high volume base as culties buy and others take the opportunity to get out. price may even go up but liquidity will diminish as the shareholder base gets even smaller.