Re: West Fires Back - West is a clown
in response to
by
posted on
Dec 12, 2010 02:30PM
Mazatlan, Mexico - Dryden, n/w Ontario - Fire project, ROF McFauld’s Lake On
This write-up by West tells me that he doesn't at all deserve the respect he seems to get from the investment community.
First of all, he's essentially trying to cover his butt here by claiming that he recommended SFF simply because he thought the flashy drill intercept would make the SP rise and not because he thought Miraflores was necessarily worth anything. But go back and read his initial recommendation of SFF. This guy said: "there is absolutely no doubt that the Miraflores deposit is going to be a home run." This guy doesn't have his head on straight.
He also says: "if the share price goes up to $0.77, and I can sell what I bought at $0.35 for, lets cut it off at $0.70, then I’ve just about doubled my money". Funny that he would say that given that he initially recommended buying as much as possible under a dollar and selling 50% at $5? He even said this thing was likely heading for $10.00 yet he now talks as if he recommended selling at $0.70.
He doesn't even make it clear what his opinion of this company is at this point which he probably should given his extremely overzealous reaction to that Dec. 2nd NR. He knocks the financing but goes on to talk about the other "flowers in the Quinchia garden". Talk about saying two things at once.
All he's trying to do is play both sides of the story here so that if SFF tanks he can say: "Well, I told you that financing looked kinda suspicious." But if things work out and the SP continues to climb he can act like a hero for recommending it when he did.
How can people take this guy seriously?