GREY:GDPEF - Post by User
Comment by
3woodon Apr 21, 2009 1:40pm
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Post# 15933662
RE: RE: Nodrog
RE: RE: NodrogI began the GL odessey with a fundamental concern about the talent of the management team and their reliance on Keiren to basically do all the work and then write the reports. I was told they would get help to direct the sale process and oversee the communication - I believe they must have done something in that regard BUT it happened way too late and much later than I was led to believe it would occur. You use the word expertise in the same context as i use the word talent. I still don't believe they have the talent to finish the deal. For me I had faith in the intergity of the management team until they started saying their only concern was for the "FINAL Shareholders " not any of us that might come and go - till this point I supported the team. Now I feel only disgust - if they called me out of the blue I wouldn't honestly want to even talk to them. I am concerned about the 15 cent shares coming onto the market especially since the money raised hasn't been spent on drilling CD so they could could double their money and still have the same money in the bank ( which would still be theirs ) - I would rather the money was spent. I believe Leigh that the gold is at LF and someday someone will benifit from it - my fear is that the deal could get delayed, refinanced, forgotten and down the road the only people who benifit will be existing and future management. I am afraid of losing my investment but I believe in the property.