Tickel
Man you are all over the place.
> You say that PAT management is really bad but you turn around and buy UMJ that has the same management team. What do you really expect ? change the board ? or that nickel mine is better tan gold mine ?
> You say that what will save UMJ is the gains from the sale of PAT but instead of investing directly in PAT you invest in UMJ. Which investors are richer today PAT or UMJ ?
> In the last 2 years you have been blindefully accusing management of everything that is happening. Yet you are still an investor in at least one of their companies. The one with the lower SP of course. Don't you realize that talking is not changing anything what is important is where you put your money. What is your gain by beeing right saying that management is crap when you stay invested and loose your money. Is there a bullboard award or trophee contest ?
I still think that management, both UMJ and PAT, are not directly responsible for everything that happened. Things is shitty for many companies out there. However their track record is not great either and they have lacked having the right vision in order to protect their SH. What that vision should have been; nobody knows for sure. But what they did barelly avoided banthrupsy of both PAT and UMJ. It will take a while before I trust this management with my money again. I bought PAT latelly not because of good management but because it was obvious that someone would buy it bellow $0.15. I still believe Igold could be better than what we are getting right now. I have concerns over RIC management. I am still waiting to see next gold action. I am not sure how long I will keep RIC shares after the buyout.