BH!
"Tricha,
"It failed Pooh_Bear because of very bad SOG management."
Back that statement up: What have you ever managed? A wet paper bag?
If the Lalors hadn't hedged, they may well still be in busines today.
I'm not a fan of Mr Ed, but he isn't Peter Lalor. You, Tricha, seem to be caught up in the 1990's. Bitter and twisted?
Dear, dear, dear, whats this BH!!!!!!
U sound angry and bitter and twisted dude.
1 - They hedged gold they never had access to.
2 - They increased Tantalum supply and flooded the market,
hundreds of millions on a bigger tantalum plant and then the USA started dumping it back onto the market, the price went from over a hundred $ a ilb to less than $20.
3 - they invested around 100 million on a lithium carbornate plant that never produced a ilb.( the plant is still there rusting away if u care to look )
4 - They lived the life of kings, the Lahors that is and went out in style owning a billion.
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