RE:RE:RE:RE:RE:NewsProbe,
Re:
I have a problem with the constant complaining that goes on. Asking for actual progress updates, timelines to be met, financial accountability and transparency isn't 'complaining'.
It's what shareholders need to do if a company isn't being forthright.
We own the company, they run it for us for which they are paid.
If this company showed progress there would be no 'complaining'.
We would be telling all our friends and relatives what a great company this is, anybody doing that?
Getting your ducks in a row is great but endlessly walking in circles is pointless.
I still believe progress is being made How so, by what metric?
To believe is one thing, more applicable to religion, for business and investing it's more important to know.
What do we actually know?
I get that secrecy is also important especially if they possess a exclusive green method processing magnesium in the world.
You do not need to divulge proprietary information to inform shareholders of progress.
The whole secrecy excuse is a smokescreen.
I think we need to give management the benefit of the doubt till proven wrong.
Proven wrong?
First of all they have been given the benefit of the doubt for ten years so it isn't as if people have not been patient.
What you are saying in essence is that you will wait until they go bankrupt.
Most of us would prefer to avoid that.
The decision to buy, hold or sell is based on facts, due diligence.
Without facts you are just guessing.
Thats fine for a company just starting out, you have to go by what they say and hope for the best.
After a decade the company has a track record, you compare what they say/have said with what they have done.
That's where we are now.
What have they done and what do they actually have?
If the process is proven wrong they have nothing.
Who wants to wait until the final nail is driven?
Do you discount the possibility that it doesn't work and they are trying to stall until they formulate a Plan B?
Would they ever admit it?
Maybe they would just start over and try something else.
They did start out with plans to mine and that changed.
There are many possible ways to see this.
I admire your optimism and blind faith but unless you have inside information that really has no basis from the news publicly released.
I remain hopeful but skeptical until there is evidence to warrant 'belief'.
Questioning and complaining are two seperate issues.
As Ron Regan said when in SALT negotiations with the Russians,
'Trust but verify'.
A smart guy (Republican, naturally)
Fingers crossed we get some real news by Christmas.
GLTA.