GREY:OLEPF - Post by User
Comment by
comet52on Jul 20, 2013 3:11am
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Post# 21619434
RE:RE:RE:RE:RE:RE:RE: Bendon
RE:RE:RE:RE:RE:RE:RE: Bendon That's the sad part Goldfather. He had no plan - just borrow money and pray. That's not a business plan. I seriously doubt he could have turned this into a mine even if the market had just stayed flat for the last couple years instead of crashing. Management is the #1 factor for investing in juniors. I bought this based on the resource before that lesson had really sunk in - my fault. Of course the junior market has kicked everyone's butt in the last year, even the smartest of the smart took a beating.
We are lucky TGZ wants this deal, needs this deal actually. They need it as bad as OLE shareholders do. Converting our shares into holding a functioning mine at least has the potential to maybe make us whole down the road.