Westcott,
With regard to your view that SDL management need to be more aggressive and forthright in selling a positive image of the business: Have you considered that SDL management have a more balanced view (what I might call realistic view) and are reluctant to promote a story that they know is fundamentally flawed?
To use your analogy: if you knew the house had recently become riddled with termites and the zoning was about to be changed to rural use only would you understand a reluctance from the previously enthusiastic salesman to promote the "easy walking distance to rail" and "acres of sun drenched grounds"?
You are suffering from an extreme version of Stockholm syndrome where not only have you adopted the ideology of your kidnapper, but you have escalated their madness and now are the vector of its dispersal.
If you can, stop and consider the possibility you might have got it wrong. I will do the same below. But for now please consider: What if iron ore is going to stay sub US$50? What if there is no railway being built (wow imagine that - actually think and believe that there actually isn't a railway and in fact there hasn't been a railway of this scale built in Africa in more than 50 years and it is absurdly unlikely it will happen anytime soon). Imagine it. See if you can. Can you see it now? No railway. No economic way of mining iron ore 500kn from the coast of Africa in a sub $50 iron ore market. The absurd nature of a belief that in this iron ore environment a company with a market cap of $50m is going to build a multi billion dollar loss making mine and ship iron ore on an imaginary non existent railway to a customer that doesn't need or want any product?
Can you see it now?
No?
Arguing over whether the share price is 1.4c or 1.5c and the bizarre paranoid obsession with manipulation is telling me you are too far gone.
Westcott - take comfort that today it is truly 1.5c and not 1.4c. Thank god for that!
Now - let me imagine that suddenly "Poof!" there is a brand new bulk commodity railway stretching directly from Mbalm to a beautiful new bulk cargo port. You beauty! It is real. it exists right now. I can see it and touch it. The shocing reality is that even in this situation I can see no certainty in funding an iron ore mine. On SDL's most recent feasibility data it remains impossible to fund a mine even if the railway and port were constructed.
But I am done with imagining.
I am making money. Are you?
Say hello to 1.3c for me when you get there. And enjoy it while you can because 1.2 will not be far behind.
And yes Westcott. please keep this post and look at it in 12 months time just like the post I made a year ago when I told you the same thing. Call me names all you like and claim I am guessing. But my posts have proven to be correct.
I make positive investment returns year on year. Even better can claim to have made money on my West African iron ore investments. Do you? Can you?
I hope you have some better investments than SDL.
And I really do hope, when at the end reality is forced upon you, that you take responsibility for your posts and the information and opinions you have spread here. You got it wrong.
I stand behind anything I have said. I have my big girl pants on. Do you?
J9
SDL Price at posting:
1.5¢ Sentiment: Sell Disclosure: Not Held
