Portex Minerals Inc STACF

TG

[Kruzer70]

""I love reading your posts ArtJ they are so informative constantly bashing Meade with no real facts to back up your statements, great stuff' Yeah....I can't seem to get an answer on what Artemus and his posse would have done differently on PAX so far? The standard "he shouldn't have financed" again? Lame. This is the biggest Zinc project in the world, and right now it takes cash until a partner comes in and injects cash for a future flow of the riches. But I'm not seeing anybody saying what they would have done better so far in these early stages? Drill less and hope for the best? lol Theres not that many shares out for a project this size!"" I agree with you that about the quality/size of the deposit. However I am concerned about managment's ability. Specifically; 1. There are alot of shares outstanding for these early stages regardless of deposit size. However, it is not the current float that concerns me. What worries me is where the number of shares outstanding is going looking at what Dr. Mead did at YZC. I think it is naive to think a JV partner is going to fund all of the work that needs to be done from here on in. At least not with out giving up the lions share of the 'future riches'. Though I'm sure a takeover/JV will involve directorships or some such cushy position for Dr. Mead and CO. 2. Promotion, now here's something we don't hear about. In the JR. resource game Promotion is as important or in some cases more important than any other 'Fundamentals'. Promotion on the part of PAX is sorely lacking. We have an IR person who I haven't heard a peep out of. In fact the only positive comments I've seen on this board were in regards to her appearance. Dr. Meads on communications with shareholders would indicate an attitude of contempt towards shareholders. Granted, the poster who emailed him didn't see fit to disclose his email sent to Mead so we have no idea how antagonistic he was. Nonless Mead is supposed to be a proffesional. In managments place, I would engage someone like P. Grandich (PG himself wouldn't be ideal as he is bearish on base metals) 3. If you want a model on how to develop a deposit of this size? Why not look at NDM as an example. You yourself have held up NDM as a shining example of where we could go. Well we are not on the same path. Maybe ultimately we will get to the same destination but, I have the feeling that if we do it will be on the strength of zinc demand and despite our management. I hope this is enough 'substance' for now. I admit a debate on the points would be a refreshing change. Cheers.