Re: Anyone ever talk to Pierre ?
posted on
May 20, 2011 07:25PM
(Edit this Message from the "Fast Facts" Section)
With all due respect Pic I disagree with your notion that holding 2-5 million shares does not make you a major shareholder.In this particular company it definitely does. The last time I checked there were no institutional investors except for the deal that Centurion Private Equity did. There are no Rick Rule,Eric Sprott, Ross Beaty,Eric King, or Jim Puplava's.I would suggest that some of the members of this forum are indeed major shareholders.I would not expect major shareholders to necessarily receive preferential treatment, but they absolutely SHOULD receive answers to their questions either by phone or email from the CEO. Let's not forget we are talking about the CEO of a very junior mining company, not a multi national corporation.He has the time and responsibility to answer to his shareholders....... especially his largest ones.
What if Ross Beaty owned 15 or 20 million shares of SFMI( I wish......) ? Do you think he would put up with PQ's lack of communication. How many non returned phone calls or emails do you think he would put up with before he pulled the plug ?
I realize that many of the investors including yourself in this forum have done their due diligence.In fact, I've surely learned more about SFMI and War Eagle Mountain from all you than from the company and it's officers. For that I thank you.
I really wanted to believe in this company and the dream. I wanted to believe in it like I do Tyhee Gold. That's why I bought 140,000 shares over the last year and half. Unfortunately, I've always had a nagging feeling that something is just not right about PQ and his family.I asked two junior mining analysts that I know about SFMI and PQ. One of the analysts works for Euro Pacific Capital and the other works for a company in Argentina. They both research junior gold and silver companies for a living. Neither of them could find any compelling reason for me to continue owning this stock.In fact, the analyst in Argentina emailed me and told me to "Get the **** out of that stock now"! I heeded his advice and sold off 100,000 shares at .16. I still own 40,000 and will hold these as a spec play.
For me, the dream is done........... I truly hope I'm wrong and that all of you hit a homerun with this stock.I just do not have any faith in PQ's ability to steer this ship.