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Newcastle Minerals Ltd A.NCM


Primary Symbol: V.NCM



TSXV:NCM - Post by User

Bullboard Posts
Comment by Wuggyon Oct 17, 2013 2:20pm
347 Views
Post# 21824458

RE:Let the market guide you

RE:Let the market guide youInvestedWolf -- Your logic seems flawed. The same people who sell for a capital loss are going to turn around and add to their position for a new cycle of gains, like I just did.  The knee-jerk selloff is evidently over. Now, people with day jobs need some time to come home, listen to the discussion posted last night, consult their newsletter writers and so forth, and realize that what happened is NOT significant to company operations. Due process is still and always has been respected. 

I frankly find it offensive and juvenile the way this matter was turned against PVG when the problem really seems to be with Strathcona. That appears to have been a deliberate and malicious tactical move.  It would go a long way to repair Strathcona's image in the eye of the entire mining sector if they set aside any interpersonal difficulties and come back to finish the work that they were asked to complete in the first place.  If not, Snowden seems perfectly capable of extrapolating Strathcona-style from the tower sample in parallel with their existing model from the bulk sample, which seems to be the preferred method regardless.

The deciding factor in PVG's favour (h/t to Touareg), is that this is not some penny-ante operation run by people who don't know what they are doing, desperate for guidance. These are seasoned, accomplished professionals, led by Bob Quartermain. They know what they're doing and we need to let them do it. JMO, DYODD, yada yada yada.  Rgds
Bullboard Posts