GREY:GDPEF - Post by User
Post by
3woodon May 02, 2008 3:06pm
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Post# 15032680
When ??
When ??Really how long should we have to wait as investors for something positive to happen to this company? We've been told the gold is literally just lieing on the ground in concentrations significant enough to mine with a shovel and that the majors are lining up to view the infrastructure and core samples. We've been told the drill results are at the lab and that the lab is simply behind but we've also been told that maybe the company is holding those results back for strategic reasons. Come on, the excuse that the results are delayed only has so much shelf life and by now it's rotten - maybe the results are as good as we've been told but if so why doesn't anyone seem to care. I don't doubt that majors have been by maybe even a couple of times but by now the SP should have risen just based on rumor. I would love to be sell part of my position at a small profit just to make ends meet and be willing to wait a little longer for Mike to get his ducks in a row but I own everything at a far higher price than it is currentlly. The company has to throw us a bone and raise the SP or we're going to bail and force the price way down ( remember Nortel @ $100 ) making recovery and financing much more difficult. I'm sure there are a lot people out there that outright believe that they have been mislead. Some will call me a fool but I still trust the GL staff; but that trust also has a shelf life. Maybe Mike has a great deal in the works but even if that happens on Monday the company will still have done a terrible job of communicating with the shaerholders and getting their story out to the markets - if they had even done a poor job at this task the SP would be much higher. You have to love Leigh for all the DD he's done, I don't have the expertise to dispute anything he has said but if he's getting fed a line he is just going to pass it on ( garbage in garbage out ); if there is half as much gold as he says then the SP should still be way higher ( $4 at least ) but nobody seems to either belive or care. The company is obligated to operate in the best interests of the shareholders - I think if asked the shareholders want the company sold at a reasonable price now, this talk of a 43-101 is BS. The company wasn't established to build a mine, it doesn't have the expertise and the shareholders didn't approve that direction. Sell the company - act in the best interests of the shareholders - do your job.