when do they know? seriously?, page-96

westcott - you still don't get it. I don't think you ever will.

With companies like SDL (exploration & development, no production), the sole job of the Chairman and the board is talk up the company's prospects so as to keep the funds rolling in from sucker investors big and small.

That is why there were lots of announcements that the greedy and gullible always interpreted as saying they were close to a deal.

Others more experienced with these types of projects were able to separate the real from the BS.