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Message: Re: Puplava selling... why?

Jan 26, 2009 01:58PM

Jan 27, 2009 04:22AM

I have no reason to speculate that Jim Puplava is not still very committed to Kimber. People sell for a variety of reasons, not necessarily related to fundamentals. The list of reasons people sell is much, much longer than the list of resons people buy. If you listen to the Q calls, you can tell that Jim has been through a lot over the past few months. So maybe there are a lot of redemptions from "non-believers."

It's easy to follow someone when all is well. When things don't seem to be going so well, many people fall off and start griping. This is life. I think when all is said and done, integrity pays great dividends. That''s from Buffett, not from me, but I think its a great line. Invest in people you can trust. Invest in people who don't screw around on their wives, who love their kids and who don't go to strip bars. Puplava is such a man. He's very good at aggregating talent around him and at gathering vital information. Where else can one find such a man?

Know what you believe! I'm not invested in Kimber because Jim or Eric told me to do it, I'm invested, because it is quite possibly the best investment on the planet right now. Sure it doesn't look like that right now. When I bought Apple at $7 several years ago, things didn't look that good either.

Here's the deal. Jim is better than even he knows right now. The same for Eric. These guys have really found something special here. It's going to pay off handsomely for us all. Count on that, even if the market doesn't crack today as I was thinking it would. Bull


Jan 28, 2009 01:56PM
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