RE: To james last:...Really! NO REALLY!! Hey JamesLast,
I think your heart my be in the right place, but I think your perspective is jaded because you are under water on this stock...I feel for you...I have been there...but that's no reason to lose or compromise objectivity in this matter.
In your argument to Goodheart, you omitted a number of facts that make your point irrelevant: you made a comparison between PEI potatoes and Papaya from Trinadad...some would argue that they are the same shape and size but...........come on!!!!
1. at the time, Mega Brands didn't really have anything else going for them in terms of creating shareholder value;
2. at the time, were Mega Brands disproportionately undervalued;
3. did they seem to have a lot of conspicuous trading revealing a lot of accumulation by single sources;
4. did they have a potential suitor (take over) issuing very cryptic vague dissinformation about their future plans and intentions;
5. did they have a terratonne (18 zeros to pds) of CONFIRMED, UNDEVELOPPED assets in place who's value had already been calculated and published in an PEA from an independent source;
6. did they have the single solitary means of bringing their product (and all others in the region) to market, already in place, studied confirmed and grandfathered with financing and capital ON THE HORIZON;
7. did they have the potential for a buy-out and or possible bidding war
8. did they have a product who's world demand is growing constantly, is projected to grow for the next 20 years and who's supply from the main suppliers is demisnishing;
9. did they have a rising price for their product on the world markets, among other comparables who's price is decreasing or locked in a range;
10; were they immune from the fluctuations of the consumer markets and protected by the fact that commodity cycles are much longer, encompass much greater geographical areas and depend on generational information as opposed to "the trend of the week" (weak maybe);
11. did they have billions in projected revenues for the next 30 to 50 years;
12. did they have the possibility of capatilizing some or all of the assets for hundreds of millions of dollars if need be, which would represent an increase in the SP of 3 to 4 hundred percent;
13. did they have a deep-pocketted partner who's hands are virtually tied by the mere fact that they have published their intention to develop (with a timeline), who needs this project to succeed to offset some others ventures who are not very successful, who needs KWG to play some very important cards (Govs / FN relations and RR) and who's own existence is questionable given that it has ût itself directly in the crosshairs of bigger companies who play in the same commodities yard.
IMHO we have more advantages to this play, then I have ever seen in any other single stock opportunitiy. Frank and the gang have made some real smart moves, with some intentions being self-evident, but at the same time realizing one greater one which has kept Cliffs at bay and has prevented them from gaining any kind of bargaining position...all the moves and decisions have turned out to be metaphoric lillypads that created a path to 04/01/12.
There is only one time during the lead-up period that I perceived that KWG's position had been weakened and that is when Neil Novak decided to go for a nap and turned his back on the partnership offered by KWG. In spite of this blow to the mid-section, KWG still maintained a solid bargaining position as well as financial stability.
IMHO you seriously need to take widen your view (outside the carboard tube of the toilet paper roll) and start posting comprehensive arguments instead of just playing the broken record that doesn't recognize or admit the inclusion of less obvious existing or new arguments.
This is the last time that I drag you back to reality, because this is 20 minutes that I will never get back...change your broken record and bring some new arguments if there are any...actually.
Good luck to all KWG longs
Pear3 out!