has anyone heard anything..., page-157

"With all honestly with past performance would you buy plv now for the first time if you use reason and logic.It is high risk."

Peetey,

Lets make it clear form the beginning that I am not having a go at you. None whatsoever.!!! I am simply trying to paint the truth about investing in spec companies the likes of PLV.

Now, to begin with, any investements in a spec company is a high risk. But, if it pays off, the high risk will be more than compensated by the high rewards that an investor will achieve as a result. It is like anyone having a gamble and enjoying it. Nothing more and nothing less.

Anyone with some common sense should know that investing in these companies would also have to contemplate the possibility of a loss. There is no other ways of putting it. And IMO, to put the blame on Management for causing them a loss, really show that they aren't geared, nor knowledgeable enough, to invest in the spec side of the sharemarket. If they can't stand the risks of investing in specs companies, IMO they should invest in an interests bearing deposit instead.

Let's make it clear that I am looking at a big loss myself. But, there is no way known that I will point the finger to Management for my demise, IF THERE IS GOING TO BE ONE that is. That is totally and squarely my own fault. Not theirs. I could have sold when the sp hit way over the $1 dollar and I didn't. So why should I blame Tony and Co. for my own silliness and stupidity??

The market is the market, just the same as a spec company is, and always will be, a spec company until it will start turning soils over and starting to produce, and finally, the Chinese are and will always be, the Chinese.

So, what next???

And one more thing before I finish peetey. We are investing in a spec company aren't we not?? And how does anyone here think that a spec company can survive without the needs of having some capital raising at some stage or another?? There is no other ways, unless a company will entice someone in, with plenty of cash at it's disposal, as a JV partner, that a company can survive without raising funds. It is just as simple as that.

Good luck.