Post by
degus on Sep 27, 2011 12:09pm
tradeforever no need for paranoia
at least not at this point.
I presume that you read the press release from GWR. But from your posts I deduce that English is not your first language. Perhaps you missed some detailss.
1. GWR states that they await approval from CDO....................so why do you expect CDO to announce a deal when they are contemplating final approval? They normally would not announce it until they deal is a sure thing.
2. CDO has no money (except the money GWR gave them as a down payment)................ and is too low priced to raise money.................unless you want them to go to Mineral Fields again..............but they have assets in their claims..............................................................................They have no choice but to sell claims to raise money................and they can only sell claims that someone else wants..............................you want a miracle where they sell nothing, have no money (but have >$300,000 in debt) and you want them to discover what? gold? Diamonds?
3. The GWR release states that they are involved in special scrutiny because Shives is involved with both companies..................the regulators will look at the deal closer because of this to insure it is honest.................................When there is an obvious conflict that will certainly cause regulators to look twice, Shives would be a fool to be acting in conflict of interest..............I bet he did not vote on the deal to make sure he is not sued.
4. I understand why you are upset, but at least recognize that this deal will give CDO enough money to actually function and even be able to pay for a press release...............as well as do some exploration. Change is coming as I hear Reed wants out and Bernard no longer has those shares he sold, does he?..........everyone complains he sold them............Until CDO does a deal, the company is in a hole........with lots of debt and no cash........You and others rightly complain about that, but you NOW also complain when they do something to get out of the hole................... Don't you want a chance to get back at least some of your investment?...............there is no alternative to sell properties if there are those willing to pay for them. Then they can pay new and real management and become a real exploration company and not a property-holding pump & dump operation.
Comment by
trader4ever on Sep 30, 2011 4:49am
Lars Glimhagen, Chief Financial Officer ..............finally, without CDO publishes the result of the AGM months ago, shareholder get told - as a little side note at the news release - who is the CFO of our company. Thank you, Reed, for this first drop. Can we expect to receive the funtctions of the other directors? We are already happy if we receive it by and by within next 12 months. Thank you.
Comment by
radar17 on Sep 30, 2011 12:22pm
Trader - are you suggesting the CFO of CDO is Lars Glimhagen - that would be exceedingly odd since GWR Resources clearly lists him as being the CFO of their company?!?!?
Comment by
trader4ever on Sep 30, 2011 7:50pm
I have to apologize! I mixed the news release of GWQ(signed by the CFO of GWQ) with the one of CDO. (BTW, my former friendship with Rene Bernard is "cancelled"...too late as I regret as I would have saved some hundreds of thousands of $)
Comment by
bcprospector on Oct 03, 2011 10:33am
A few years back I was told that Kirk Reed was Rene Bernards son in law, can anybody else confirm this.
Comment by
trader4ever on Oct 03, 2011 5:10pm
Your source must have been stoned.
Comment by
bcprospector on Oct 04, 2011 9:36am
Quite possibly, It was Rene Bernard.
Comment by
trader4ever on Oct 06, 2011 5:35am
Chidish garbage, not worth to discuss about at this stockboard.