RE: RE: RE: problems with getting any traction Hey PB3,
No attacks intended but as I read your response to Rallard, one part of your text stands out for its glaring change in tone and logic..."The minute any smart investor gets wind of difficulties with local groups, intrasigent managers, too many mouths in the trough, they turn and run away. That's why this stock is getting no traction. Too many self created problems."
So from that quote, I am understanding that you mean...any smart investor will disregard:
1.the NAV soon to be increased by the drill results,
2.the numerous positive material NRs from KWG, and the diametrically opposed information leaks about Cliffs,
3.the incredibly adept posturing by KWG, (Sampson and Goliath as some other poster put it)
4.the incredible difference between Cliffs' and KWG's public relations with FNs, and govs,
5.Cliffs weakning bargaining position, market cap, and realtions with all interested parties,
6.the increasing world attention to this strategic world deposit,
7.the favorable probabilities for KWG wrt to the easement application notwithstanding the liabilities which Cliffs has created for itself,
8.the increasing commodity price and demand for ferrochrome on world markets, (among other commodities who have been going down)
9.the decreasing supply of that same commodity due to conflicts and logistical difficulties in the producing countries,
10.the identified and increasing strategic value of ferrochrome to many industies including the military of all countries...hhmmm the military? they spend a whole lot of money ...do they??
11.the abscence of any existing high quality chromite deposit in North America,
12.do I need to go on......???
Have you also noticed that no one is selling KWG stock...especially for such a large float as you put it...So let me get this staight..... you're either saying that smart investors don't have a clue yet about what is really going on with this investment (but you do) or that it's someone else besides the "smart investors" who will be heading for the door...please clarify for me because, I'm no genius but I have always been described as a very logical person with good instincts...I would also like to have a list of "self-made problems" which you attribute to KWG's management.
Please don't take this as a personal attack on your person...I was really trying to use as much material information and logic as I could...alright maybe with a little sarcasm thrown in for flavor...
good luck to and all KWG longs
Pear3