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Portex Minerals Inc STACF

Strategic Resources is a Canada based development company focused on vanadium, high purity iron & titanium, metals necessary for decarbonizing the global economy. The company¿s key projects are the construction ready BlackRock project in Quebec & the past producing Mustavaara mine in Finland. Strategic is working to secure a financing package to commence construction on the BlackRock project. Orion Mine Finance and Investissement Québec, both 41% shareholders of Strategic will form a key part of the planned financing package.


GREY:STACF - Post by User

Bullboard Posts
Comment by TheFeveron Apr 12, 2007 4:59am
132 Views
Post# 12591502

RE: news/strange response/reversal?...

RE: news/strange response/reversal?...and what up with the picture with the weird caption? Care to explain? Not to you, I don't. If you can't infer from the last line, you're even dumber than I thought. I have NEVER changed my position on what the company is doing or what the potential of the Selwyn deposit is. A person can be pleased with the steady progress of the company and still be disappointed in what the shareprice is doing, but I wouldn't expect you to understand that. You are just a mindless blind pumper who is in love with this stock and can't bear to listen to anyone who thinks that 59 cents is less than half of what this should be currently and LEGITIMATELY valued at. What kind of shut-in posts thank-you notes on an anonymous message board to other anonymous people on a message board that have supported the stock in the past and thanking PAX itself for doing such a great job? You're either Harlan's mother or a paid pumper. Certainly not objective. Write an email to the company, send them flowers or a singing telegram. But most of all, instead of cooing over the magnificence of what the company is doing, you should be wondering why next week will mark the one year anniversary of this being 3 times the current shareprice with a third of the measured and indicated. That is my beef, nothing more and nothing less. I don't invest in companies like this for the warm fuzzies of being part of a winning story, I do it for the money. Wiing story = lots of money = warm fuzzies. In that order. And I run the numbers here and they don't jive. End of story. Mathemathics never lie. Cold, hard numbers & risk analysis is how I base my investment decisions on whether or not to go long based on extreme undervaluation. I'm as long on PAX as any other long in the building because of this. I have yet to sell a single share. But Harlan's recently quoted sentiment regarding the suppressed market reaction to the resource update and the consequences it is having on what he would like to do in the nearterm is exactly what I've been saying since the latest 43-101 debuted with a fizzle. There is no good reason why this shouldn't be at a dollar, based on nothing more than the absolute rockbottom conservative estimates we've seen posted here dozens of times regarding indicated insitu. "Harlan said they are still shopping around to sell/JV 10% or more to a larger entity to help with exploration- development costs but was obviously disappointed at the share price and the warrant -holders as he was expecting more support from them. This current PPS makes it very difficult for him to strike a deal satisfactory to management and shareholders." Reply all you want, you're on Ignore and I won't see it anyway. Happy investing. The Fever
Bullboard Posts