RE: Frustration or FearAbie,
You have phoned your expert for 30 minutes and he has contradicted the professional company geologist to tell you that one hole did a new ore body make - its been named the Big ISM Capistrano Swallow Major Nickel find with grades up to .8%. Some feel it should be called the Big Gulp, not the Big Swallow.
Before that you phoned the Ontario Ministry of the Environment and after being told that dewatering permits that were subject to public consulatation and appeal, could remain confidential, you came up with the brain fart that ISM may have applied for a dewatering permit, even though they said they had not.
Now you say that a phone call to some IR hack in Vancouver will confirm that ISM has been involved in some great "behind the scenes" activity, and quietly drilling out property waiting for the right time to release a resource calc and move on to other greatness. The IR hack will tell you in a five minute phone call that the company is about to reach a "pivotal point". Well isn't that just ducky! What's this guy do on his second shift, tell you the Pope is about to reach orgasm? I know there's a few fools around here Abie - but lets cut the foolishness.
You say fundamentals are important in times of fear. Well here's some phundamentals - not your phony phone phantasies. ISM has no revenue, no cash flow, no promised value releasing restructure, no recognized industry standard resource valuation, no dewatering of its mine, no progress towards permitting dewatering, no Annual General Meeting scheduled, no shareholder communication, no worthwhile news to communicate. What it does have is apparent management confusion, a CEO with a less than stellar past, an exploration program thats behind announced schedule and behind flow through committments, a reputation for exorbitant PR expenses, a record of huge compensation option grants including PR firms, a reputation of big promotion and small accomplishments. I could go on, the implications would not change. This company has no fundamentals that would overcome fear, many that would add to it. You think Warren Buffett would choose this laughingstock as the place to park your money in good or bad times? What a moron you are Abie! This company is only marginally advanced from where it was when it was sub $1 - and much more diluted. In terms of fundamentals its got next to nothing going for it, and a hell of a lot going against it.
Its a frustrating, fearful mess - wake up and get a taste of reality!