GREY:SLKEF - Post by User
Comment by
bert2818on Jan 29, 2008 10:06pm
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Post# 14286118
RE: WHO IS NITINAT?
RE: WHO IS NITINAT?1) Nitinat is a river close to the deposit on Vancuover Island where they took the name from.
2) charts are only good for daytraders and those who want to catch the flow of the share price.
I had never paid attention to ISM until I read the exchange of insults at LBE at which I had my doubts a year or two ago when it was a start up. I was right then as I'm now about them. Fundamentals are more important then TA. I would have not made any comments then if the bragging there would have not gone out of hands. I have been in this investing much longer then most of the people here and can tell pretty well how the wind blows.Since the people spend there own money it is there own business to look after it. Gambling casinos are all over and this is the biggest casino there is and has nothing to do with investing.I read the first few pages of the last statement of ISM and I can only advise that people who spend their money on this organisation read it too.Just because this company has a lot of cash doesn't mean it is a bargain.Just look what they spent their money on in the last year and you see what I mean. ISM is after all an exploration company and their merchandise is what?old mines which have to be rehabilitated and nowhere can I read that they can be, one property is being split off and nowhere can I read what justification of hope there is for exploration. Good luck!JMHO