Randy. First off, thank you for sending such a direct and well crafted message to Bob. I've read his reply several times over, and I believe you capture its essence quite well in your post remarks, "...I am just trying to open his eyes to issues with lack of financials as he seems oblivious to this for some reason."
My impression is that Bob, while he has a perspective on pinksheet stock investing, also seems oblivious to the near term positives he can effect on the current share price with the right news, not insider information. With two thirds of my $127K investment temporarily gone as of yesterday's close, I and others in similar situations might feel a little better about being manipulated from a higher share price if Bob could manage to communicate with shareholders periodically via venues other than cut and paste e-mails and pictures. Let's call it general investor morale or sentiment. I for one am NOT induced to keep buying shares, even at a good price, if I can't hear something beyond a rather vague e-mail reply that ALL investors can read and digest, not just on investor website chat forums. Many of us have made our beds, so to speak, in this regard. Some others may still be accumulating and appreciate the bargains... for now but will, IMO, be the first to leave if things languish too long, unless they were in very early, or very late. If it's true that Bob has read our boards, perhaps he might realize the abuse he and his supporters take and how he could change that perception/situation. Some may argue that message boards don't impact stocks; I'd agrue that when that's all we have, it's NOT the case.
What is the big secret about having sold the 3rd and 4th shipments? Is that part of a deal to be announced and under the quiet period... doubtful if it's being shared via e-mail messages. Did ships actually come and go? Is there a new shipping arrangement as a result of Dillon and Co. efforts? Is there a business plan for uplisting that can be shared in an manner that reinforces the comittment? Can the CE be removed independent of such an undertaking, if nothing more than a sign of good faith, independent of demonstrated and documented evidence of mining progress? If not, why not? To what extent have financials been aggregated? Let's hear this kind of information via public channels apart from decent honest individuals who are going out of their way to keep us all informed. To first create, and then abandon, the website blog, is not a good message, IMO. The almost year long precedent that's been established for communicating is NOT the way it should work, given the efforts Bob has previously made.
That all said, we are invested in a non-reporting pinksheet company, so maybe Bob is indirectly saying that we get more than we should expect and to be grateful, because he will take care of those of us who remain faithful and loyal in due time. That may be the case; however, I don't think any of us have a clue what "in due time" means calendar-wise, and I for one would like to know what it means to Bob. Is it the 24 months he has alluded to? Sooner? Later? One thing that will come up at year end as it has in the past, is the opportunity for impatient/frustrated investors to get out of CWRN and take their tax write offs. That won't be healthy for the rest of us unless others step up and buy up those shares. Beyond the true longs, who likely hold a decent chunk of the float, there is little awareness and desire to buy into the company. JMO.
Just my random thoughts over morning coffee for others to ponder. Perhaps I'm off base or don't understand some things. Any/all feedback is appreciated.
Happy Easter!
Respectfully,
John in Sunnybank (Reedville), VA
