GREY:SLKEF - Post by User
Comment by
millrighton Feb 21, 2008 4:05pm
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Post# 14523136
RE: Timmins Talk [Wilburrr]
RE: Timmins Talk [Wilburrr]Wilburrr,
At the risk of seeing you permanently ostracized for daring to receive a message from me, I hope for your sake that things do start turning around in this company. I don't share your enthusiasm for RM pulling any rabbits out of the hat, but maybe your fellow Texan is a sign that someone with clout is going to start making demands. There are different views on how to best exploit whatever the property is blessed with - but I think even proponents of the quick take-over will admit that there are some basic improvements in management policy and performance that would improve the company image for potential investors and maybe give existing shareholders some comfort.
Supporters don't want to hear that there may be negative implications involving L2 boundary issues and low grade ore. But failing to acknowledge the fact [or getting 43-101 proof that there's no problem?] is not doing the company any favours. The loss of credibility with those who know better affects the whole company, discounting some quailities that could otherwise be attractive. Dealing with the inevitable now, when the effect price wise may be nominal, could be beneficial in giving the company some credibility. As much as the supporters may disagree, the company's reputation is not great. Cleaning it up in advance will eliminate skepticism if there are some positive events down the road, to put a charge in the price.