announcement!, page-16

kh, just where would the bad taste come from?

As I said to steve, if people didn't come out trumpeting about how wonderful an announcement is when it is quite the opposite, there wouldn't be anything for me to say!

Neither of today's anns. were stunning. The copper was interesting, but no great advancement on the earlier one with the first holes, except to confirm that it is a small deposit. The company has estimated that the total deposit might contain between 5,000 and 30,000 tons of copper.

The silver ann. confirms that the best they can hope for is the lowest end of their latest production forecast, which is 40% below their initial forecast. Well, if you think that's brilliant news, so be it.

As for being a serial downramper, check some of my earlier posts. Hope is not a good strategy, when I see things changing I change my mind with the facts.

Still seems funny how some think that because I'm negative on the stock, I must have lost money on it!