Re: Only a 2 on the Rating Scale- Management?

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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khareema

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Re: Only a 2 on the Rating Scale- Management?

posted on Jun 25, 2009 01:37PM

Good post, OBG. You make 2 good point here;

"They go with the flow and only stick their neck out when it is completely safe to do so, "

Their analysis is usually based on yesterday's events and rarely have any relevence to tomorrow's possibilities.

"Also why do different brokerages come up with wildly varying price targets for the same company?"

A good example of how each of them come up with targets that they want to see and that they have probably less ability than the average poster on this forum to forecast price fluctuations.