RE: Re: Chris Berlet - Don't Believe himIf they are more concerned with getting VGM going, it should be positive for us? or what? That is just saying that management sees potential in VGM. What exactly are you worried about? Try to spell it out.
Are you worried that they will do no work on VGM?
Are you worried that they are hyping VGM without substance? But even that is not a big problem for us,since we can sell into the hype if it happens. Hype is more of a problem for those that buy after the hype.
I understand that you don't like them personally, because they let you down in COL. But that is not enough to conclude that they will not deliver with VGM. You are actually saying that the reason they didn't deliver with COL was because they prefer VGM. That is an argument to buy VGM, or what? It must be hard to be managers of two companies at the same time. I see how that can lead to problems, and less than full dedication.
What shold they have done? Left COL? That would have been even worse for the share price, I am pretty certain. If COL's deposits had been greater than VGMs, they would have prefered COL.
Anyway, why not buy VGM and give management a chance to prove themselves this time? The deposits and economics are so compelling for this company. Use your information about management to your own advantage instead of being bitter.
Los Verdes has seen historical production. Management can not make that fact up.
Cheers.