RE: tantallonNickel77,
I agree with you that tantallon is a bitter man, looking for others to blame his investment failures on. He has claimed to have lost money on the two companies he comments on - ISM and LBE. He seems to think that these failures provide him with the credentials to assess the management of mining companies. He even thinks he has insight into drilling - remember him telling whaler that DDH signified the size of the drill bit and from that you could figure out the size of the rig being used. whaler fell for that malarkey, but when others said that DDH was the acronym for
a Diamond Drill Hole, tantallon took the wannabee's way out, and said no more. He didn't want to admit that he didn't know that drill bit sizes weren't measured like bra sizes.
In looking back at some of tantallon's posts, I think his intense dislike for Liberty and its management does not come entirely from his investment failure. I think it is the fact that LBE through its management has prevailed over his beloved ISM and ISM's leader Randy Miller. You don't have to go back that far to find posts by tantallon praising Miller for his efforts in giving ISM shareholders the adequate financing to develop a world class nickel deposit. In fact his Agoracom post "
Largest Nickel Deposit in the Shaw Dome" remains as the all-time top rated post. This pronouncement came
after the disastrous Micon Report, that most observers accepted as confirmation that ISM had a whole lot of nothing - as many critics had been predicting for some time.
It took tantallon a while, but in spite of his past enthusiasm, even he has come to realize that the ISM "Best before date" was 2010-01-06 - in fact about two and a half years before that. ISM was on a slide from the early weeks of the TSX listing through to the much delayed Micon Report. In the period following that report the stock dived, and it became apparent that ISM management was looking for other ways to spend the flow through funds remaining. tantallon realized he had bet on the wrong horse, and it pained him that ISM's neighbour was accomplishing what he had hoped would be his idol's legacy. ISM was a dead duck, and LBE now had the financial capacity to develop its reserves - reserves being an accomplishment that ISM would likely never reach. And the bitterness set in for tantallon. The man who fancied himself an investment mogul worthy of the J.P. Morgan avatar, had to face the reality that he had put his money on a losing pony. The story is almost over for tantallon - he outlasted all the other cheerleaders - but he knows he was caught up in the Randy Man dream, that was a night mare for most investors. All that's left for tantallon to do is to accept reality gracefully, and change his avatar from J.P. Morgan to one that reflects his plight, along with others that worshipped the Randy Man. I'd suggest a Deer in the Headlights avatar.