price, page-13

Bw

Sure I see your point

This is what I think

There are a lot of incidents and assumptions that you make about a company

We unfortunately don't see half of the deals and innuendos that occur behind the scenes

Intrepid had enormous risk with how it had structured its joint partnership venture

To an investor I feel that we only get a quarter of what is going on

They are poor at updates and I feel that they treat their investors with contempt

They could have disclosed that pt imn had potential to be taken over therefore jeopardising the contracted arrangement

There must have been a falling out between the original owners with intrepid for them to sell their share

To me it seems that the whole scenario is covered in bad blood between all parties, problematic communication, and poor management of all the contingencies that may or have occurred. To me the whole thing is reactive not proactive.

To me as an disgruntled previous investor I feel annoyed and cheated at the lies and deceit. That was my reasoning behind the karma statement.

I have been entirely upfront with management about the issues but they simply had no answers. That's why I managed my risk by walking away.

I personally haven't lost my faith in this stock because I think like every thing in life there is always perceived fair value.

I see 26 c still too expensive for the risks involved. The stock is on my watch list I have considered shorting it in the last few days. I am certainly too gun shy to enter yet.

Too be honest at present that's all it's good for

My post was only directed at the company. Bw I have nothing but respect for your opinions. I have read many of them and enjoy your wisdom on trading.

All the best ahead. I respect everyone that is holding. You all are either crazy or have nerves of steel.