"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Wednesday, October 19, 2011

JAG (Jerks Against Gary)

Pertaining to the comments on the previous post, here is exhibit A illustrating why precious metals miners are on average a tough group behind whom to throw your investment dollars.  The inept management at Jaguar Mining have long since proven that they are prime violators of OPUD (over promise, under deliver) and for all the world to see, the blogger - making like a rookie - gets burned by these people.

I actually went against the opinion of my man in LatAm over at IKN and thought that maybe this time would be THE turnaround.  Not to be.  Mr. Titcomb and fellow 'management' clowns are still what they are and probably will always be; toxic to their investors.

One again, I like to show a few of the excellent wins on occasion so in the interest of disclosure... and balance, here is another total screw up by me.  Come subscribe to my newsletter.  You too can get opportunities like this!  :-(

All of this said, there is quality (or well vetted perceived quality)  and there is speculation.  This piece of crap was a speculation gone wrong.  I will not personalize it, but I have a mind to drive up there to Concord, NH and give the chronic under performer Titcomb a lesson in management.

http://www.biiwii.blogspot.com
http://www.biiwii.com

2 comments:

  1. Bummer, could have been worse, Gary. You could be an owner of AEM, down 10 bucks a share

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  2. You know, this illustrates another major risk aside from lousy management. AEM's mine sprung a leak. Water remediation, safety issue remediation, political risk and good old fashioned crappy management risk. Got to love mining. At least the first 2 are a good argument for quality exploration stocks, when the time is right.

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