Jim,
you have a point, but we don't live in a perfect world and we have to play the cards that are dealt.
If this was a duster, Mngmnt would be toast IMO after so many attempts and cash.
But hey, lady luck popped her head at the right time.
I know of so many ventures that took forever to see a bright day. Until they did it was all doom'n'gloom and everyone was crappy. They are now worth hundreds of millions and some Billions.
1 private group I know of were busy grinding away at the markets making cash day trading. 1 guy in their group that was a little wacky(wore a leather jacket too with glasses) but everyone respected as he was pretty smart had an idea. He told them that he can make a guaranteed profit of 8% on turnover using Stat Arb(what its sort of called today). They all got together and put up 100k in the early 90's. After 6 weeks they were down to their last 10k. Everyone agreed that this was their last week and if it didn't work they would go back to the hard grind of day trading(trend following). That week they won back 110k and never looked back. They are worth Billions now and are considered the largest private traders in the Southern Hemisphere.
What I'm trying to get at is, hey we have a discovery lets get on with it.
It will be pretty hard to bung this up now.
If management do, then we bring out the Guillotine and I'll be with you.
IMO, JH's ideas will pay off.
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