Re: Green Fuel of the Future.
posted on
Jun 15, 2008 05:42AM
When someone says: We cleared sites, built ponds etc. that indicates to me that the person making that statement is involved with the factors doing so and in this case, Silverado and additionally you (Cooky).
The Akerman project has not gone on as they said it would. All inquires have been met with changes in plans and a wait until the next report (investor friendly and satisfying) comes out in a few weeks.
If they told the flat out truth to start with, there would be less to question about the direction of the company and most likely, fewer investors.
All of this is of course, my opinion, which is what we share in forums. I have in the past on several occassions, passed on to both the PR and IR departments at Silverado my observations and most of the time, I received their excuses as to why things are what they are with Silverado, including the shorting of their stock to keep share prices down(?). (One needs to read the SEC rules on stock shorting here) and I'm still into that reading.
It becomes a question of believing or not of what the PR & IR depts. are handing out. For myself I'm at a 60/40 level of confidence here. Forums are good in that they produce food for thought and investigation to help decide whether or not the company has a reasonable prospect of "making it". I have said in the past, Silverado has been around a while and knows how to survive and I have also inferred that Anselmo is not getting younger. The rest is just plain common sense.