RE: Shareholder ValueI find NoPoo's posts very informative.The last post detailing the number of management shares owned vs.the number of options is troubling.I can understand a large number of options held by the management but there should be some higher ratio of shares purchased than there is. It all gets down to the bottom line.
Do you as the management team believe in your own company?
Regarding Nopoo's first recent post in which he goes to great length's detailing the negatives of SYN. He seems to neglect the glowing positives he posted when he visited the project several months back.
Risk management of your holdings is the only answer to curb buying too many shares of a company like SWN when everything seems wonderful.
On a more positive note the project seems huge.A very unpopular solution follows. Perhaps a minimum of work should be done in 2008 and 09. In other words maintain the leases in good standing,give your key people enough work to keep them getting a paycheck and let the market come to you.
I believe in base metal projects and juniors.I diversified in two other venture exchange juniors with Zinc projects. I am not "shilling"
for either of them but if anyone is interested inbox me and I will give you the symbols so you can do your own DD.
best,
onehafnorse.