787 Dreamliner
posted on
Apr 28, 2011 03:24PM
(Edit this Message from the "Fast Facts" Section)
The Boeing 787 Dreamliner, a new generation of long range, high occupancy airliner, was supposed to begin rolling off assembly lines in 2005. It was supposed to change the world, as we know it pertaining to the aircraft industry and vault Boeing solidly into the leadership position for generations to come. The most competent aircraft manufacturer on the planet is more than 6 years late with their signature project. Granted, building aircraft is complicated, but so too is mining gold and silver. Can you just imagine how the population of shareholders in BA have been howling at management over these years? Yet, few heads have rolled. The CEO left to take a position at Ford Motor Company, but he left unscathed and with great credibility, Dreamliner delays notwithstanding.
My point is that in any business endeavor, things unforseen will always get in the way of best laid plans. Delays are commonplace in the real world and even the best and brightest can do little to avoid them. There are thousands or possible scenarios that could take place behind the scenes that could slow down a fledgeling operation such as our Silver Falcon. We have, however, weekly photo evidence that great progress is being made. We can wish for daily updates from management, but we'll just have to wait for PR's to come when they come. We can use this quiet time to increase our positions and convince ourselves that we are doing the right thing. Or we can drive ourselves crazy by reading the polluted offerings on sister boards. I feel fairly secure in my investment and if these guys prove up anything close to what we think is buried inside WEM, this baby is gonna scream like a banshee. Years from now we will giggle like schoolgirls at 12 and 13 and 15 cents. Modest levels of recovery in the ore passing now through the mill will launch us massively higher because the story will begin to get out. When that happens, you better be happy with your position because these prices will be gone forever and hungry investors will be chasing this thing to the moon.
Me Likey,
ag