Re: Everything is still on track according to Rich Kaiser
in response to
by
posted on
Jul 10, 2009 06:09PM
(Edit this Message from the "Fast Facts" Section)
LongSFMI,
Thanks for the update. I agree that SFMI has to perform, and I think that will happen. Delays are also inevitable, as are missteps. However, I would really like to see more openness by management. I think they were burned by not being able to meet some of their earlier (and optimistic) predicted dates for things to happen, and have subsequently been hesitant to put out updates- even for things that have already happened or are progressing smoothly. The perception of "delay" as opposed to things taking a while to happen has persisted since posters predict dates for things that then take longer than expected, such as the filing. There is nothing wrong, and I understand the inevitable delays involved in getting everything done (especially when outside contractors or attorneys are involved), but the buildup and inevitable letdown when predicted dates come and go without things happening does get wearing. I still want as much information as I can get though, even if it turns out to be optimistic, so keep posting! It's an indication of how much potential people see in this company that they have hung in despite the delays. And for those without experience in the mining sector, the delays so far are really nothing compared to some I have seen.
GL,
spiny