GREY:SLKEF - Post by User
Post by
millrighton Feb 13, 2008 9:54am
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Post# 14364893
wailer''s delusions
wailer''s delusionswailer posts graphs and pontificates about the great sleeping giant ISM, with its massive nickel deposits and great analyst's reports.
The truth is that ISM is a company with some identified [not defined] deposits that was run up by mining promoters. It has a relatively small land base, inexperienced mining people running the company, who are constantly sending signals that management is inept and out of control. It has cried wolf too often, the market will no longer fall for the smoke and mirrors Howe Street style promotion it has been running. the darcel report, touted by the inexperienced cheerleaders as a great sign of potential - is in fact a paid for promotional gimmick that would be laughed out of the room - if the room was populated by knowledgeable investors or mining men. ISM was a good promotional play when the gold rush mentality and the slick promotional game was in play. It might have some potential as a valid exploration play - but it is going to have to get moving, under leadership of management that can lead it in that direction. It has some bad reputation and confusing management decisions to live down, and a lot of catching up to do in moving exploration and the standard disclosure mechanism [NI43-101's] along. The $16.50 darcel target is a joke, as was the report that it was contained in. The company is very unlikely to achieve the promoted $7+ levels for years.
Now wailer, that in a nut shell is a rational assessment of ISM. Posting your phoney graphs, and quoting the phoney analyst's reports will not, and has not, changed the reality of the company - since you got suckered in at $7 levels and commenced your inane pumping - as the price continually trended down - yesterday matching its 52 week low.