please explain, page-14

Hi bantrybay
I have a watchlist of 20 gold stocks that i keep an eye on.
Yesterday other gold stocks to fall on my list were
AND
CTO
MUN
VCN
ERM
CRK
I am sure there are others
this on a day when the gold sector rose 6%
Have these companies got good or bad management ??
The answer is it doesnt matter because these daily fluctuations have nothing to do with management.

Today almost all on my list are falling including
DOM
SBM
IGR
LGL
NCM..........
Should we now be critisising management at Lihir or Newcrest ??
When i saw your post my reaction was the same as chamonix, ie; he must be taking the micky.

The reason you keep reading lots of positive comments on this stock is because many people are very bullish on the company, its assets and its future as an emerging producer.

Yesterday we had no buyers stepping up, today they have returned continuing to accumulate at a very cheap price (imo). I suspect (as do others) that we do infact have a buyer/buyers accumulating the stock atm, i suspect they retired for a day or so in order to let sellers build at the 1c mark, it worked as the sellers were flushed out and now the stock has changed hands.

As chamonix extensively pointed out this market is fickle and with EXM focusing its efforts on scoping and feasability studies there is little to be announced atm and so we must wait and exercise patience. Chamonix makes IMO some very sage like observations about investor expectations and for me the following extract from his post sums it up
"I wish some people would stop whingeing and making off the cuff comments with no evidence or constructive discussion to back up their claims"
Do you think he may have been having a go at you ?? lol

Interesting to note that the majority of responses to your post were in support of the company. Your views on management are well known here and i think it is good to have opposing views in order to encourage debate. Dont get me wrong i have not been thrilled by all of managements actions but on the whole i believe they have made good progress and have had significant success in building a solid resource which is now approaching monetisation.

On the "hungarian black hole", I personally dont consider 250K to be a material sum in the scheme of things and i suspect that this is a strategic move of sorts (the end game is yet to be clear). Ask yourself, what do you know about Magyar and its Lahoca project? It has 1.3m Oz Gold and 52.5m pounds of copper.What would be the value of such a resource ? Suggest a bit of DYOR on the subject will reveal more. My point is not to defend the decision to invest in magyar but rather to emphasise that ill considered or poorly researched comments are of benefit to no-one. Unfortunately as shareholders we are the last to be informed and as such we only have part of the picture so as many here do we conduct our own research in an effort to better understand what is going on behind the scenes.

Today exm is up 22.22% on better volume whilst the market at large is tanking and most goldies are falling also
does this mean that our 4th rate management team has been re-rated by the market to perhaps 2nd or 3rd rate ?
lol or has it got nothing to do with it ? Todays trades imo make yesterdays comments look a little foolish