The Hypocritical FraudAllbusiness06 says that I am a hypocritical fraud. In his attempt to illustrate his charges, he uses lies and misrepresentation. To me that makes him the hypocritical fraud and leaves his charges unproven.
I repeatedly attempt to discredit those who come up with the an estimate of the value [there's a difference between value and resource size] of the shares of a company, based on methods which do not consider obvious realities in realizing the resource, and the financial realities in valuing these realities. The efforts are evidently amateurish, although some of the proponents are so very unaware of the process that they seem to think they are blessed with the talents of trained professionals, although they obviously are very poorly informed on the process. The fact that allbusiness takes exception to the likes of him and TXPro being called amateurish is a rather telling indictment of his high opinion of himself, and ignorance of what is involved in valuation. I would call all efforts on this board or by the paid PR firms in the guise of "analysts" as amateurish, I admit to that. The one person that [I assume] is a ISM supporter that is not an amateur and commented on the ISM resource stated that considerable exploration was required in order to determine whether additional work was warranted to determine economic viability. The qualified "non-amateur" clearly indicated that information was not sufficient to put the $1 billion conservative value touted in the Darcell report, nor the $2 billion that was your conservative valuation, nor the $667 million that TxPro calculated. These valuations of from $33 per share to $11 per share are all amaterish, varying from somewhat naive, to completely bloody ridiculous [that being your effort]. However, I did not say they were fraudulent - that's another one of your lies. I'd question Darcell on moral and business ethics grounds - I did not say fraudulent. That was the first of your lies.
Then there's there's your charge that I embrace the exact same nonsense I discredit in the above when its used for LBE. I take it you are referring to what I referred to as number crunching done by Nickel77. For starters, Nickel77 made it clear that it was his amateur effort, at what the Ni tonnage might be if his rough calculations proved correct, and a number of other qualifiers. He made no effort to put current dollar values on the Hart orebody, and certainly not a share value on the company. The calculations were not attested to by company reps, even by the words of the third party that commented on the IR reaction. Nickel77 also made it clear that the whole exercise was for discussion, and that a NI43-101 would be out in 3 to 4 months that would be the over-riding reference. In spite of all these qualifiers, Nickel employed the model information available on the website from the holes drilled, and took into account such things as flow and dip assumptions. That's quite a restricted use for an admittedly amateurish model, compared to your assertion of a $2 billion dollar company value, or support of the Darcell $1 billion value.
So, at best your characterization of most points is misleading, to say that the comparison of the examples are exactly the same is an outright lie, to say that I posted any length/width/depth cals as gospel is an outright lie.
So allbusiness you're again caught in the act of setting out blatant lies to support your position - just like the lies about three times the commission on placements, revolving door geologists, and a number of other outright lies, and countless deceitful misrepresentations. Two points are evident - you are a habitual liar, and your positions are very waek to need lies and deception in support. The third point of course is you know dick about mining, geology, finance and the markets - these deficiencies were also evident from your past record.
So in reality, who exactly is attempting to mislead investors?
What is comical however is someone charging hypocritical fraudulent behaviour, using lies to lose his point!
You're still very poor at everything you attempt Abie - even lying!