GREY:GDPEF - Post by User
Comment by
lmcbainon Apr 15, 2013 2:59am
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Post# 21253341
RE: Leigh: They hiring you?
RE: Leigh: They hiring you? Reff, this is a different management team than I started with in this company and my buying shares at $.23 was NOT pumping anything, it was an investment that should NOT have been a bad one. Management has messed up a company that has no business being in this shape. The properties in question are good ones, the jurisdiction is fine, the underlying commodities are fine, etc. - this has been a management issue period and it can't be hung on Mike and Scott alone, as a matter of fact it is very difficult to hang even the majority of it on them, which unfortunately brings us to the current group. What they have been doing beats the $^&^* out of me.
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I was told that things changed and that no one would invest in Indonesia any more - that is a load of rubbish, although there is some legitimacy to it "IF" you are speaking inside Australia, BUT, all that means is that you have to get off your duff and work the company in the rest of the world and that clearly has not been done - at least not properly. It can be fixed, because the properties are still intact and they still offer excellent potential, but the way this is being handled NEEDS to change.
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Salut,
Leigh McBain