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dale1953

11/23/12 5:30 PM

#126560 RE: dmbao #126559

You are assuming that SRSR hasn't had other offers which I think is wrong. Also Scott could have diluted the share structure as an alternative to patience. I think Scott deserves more credit than what you and some of the other posters are giving him.
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downsideup

11/23/12 6:20 PM

#126565 RE: dmbao #126559

And that has you boiling your error down to the essence...

They HAVE been patient... BY DESIGN... because they weren't ignorant about their choices or the market reality... or about the BS propagated here about how the CEO should make others decisions for them... and direct the Chinese government when and how to expand their steel production... etc.

That you are ignorant of the fact... is not because it hasn't been made clear enough to you...

"Patience is their only choice"... is a truism in mineral exploration. So, why pretend it's "an accident" that they were prepared to be patient ?

And, what should we make of your errors in advocacy for the opposite ?

And, that you're claiming, at the SAME TIME... that "patience" is required... that "patience" is failure... and that the SUCCESS THEY ARE ACHIEVING AS A RESULT is "luck" ?

LOL!!!

There a fork sticking out of that turkey argument of yours...

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downsideup

11/23/12 7:10 PM

#126579 RE: dmbao #126559

"They would have taken the money from you if offered."

LOL!!!

You think they'd have taken any money on any terms ?

I think you know better...

And that's why you're bending over backwards now trying to label "success" resulting from the FACT of their patience as a proof of "failure"...

There is no element of what they've accomplished here that can be labelled as "failure"... without that effort being knowing fraud, in my opinion...

Otherwise, your argument boils down to the obvious logical fallacy inherent in discussing looking for anything... as the effort in looking naturally requires you keep looking until you find it...

You keep looking for your car keys... until you find them... which doesn't make your effort in looking a "failure" because you're still looking. And, it doesn't make everything else you've done while looking a failure... because repairing the car, repainting it, putting new tires on it... didn't make the keys appear as if by magic...

For SRSR, it wasn't their car keys they were looking for...

So, they turned down other deals offered by others... which you know for a fact to be true... while being patient in order to get the keys they needed... rather than the useless crap being offered to them by others... that wasn't good enough.

SRSR refused to give their project to the guy offering to tow it away for free to "take it off their hands" ? LOL!!

Instead... they've made steady progress restoring and upgrading that 1950's model...

And, hey, lookie there... someone's made them an offer... that they're not laughing at...