RE:RE:RE:News! 6th press release posted on Sedar by CSG - responseGreat, more backroom political jockeying. Just what KRN needed.
I wish GSFC had bit the bullet and financed the project with Phinney at the helm. Guy was so invested in this project he would have found a way to turn a profit with potash at $100.
I gotta say, over the years there's been turmoil after turmoil, but the only constant is GSFC. I personally choose to believe Hanlon's razor; GSFC may not necessarily be angling to strip KRN of its assets and control everything as many suggest, but it sure displayed a ton of incompetence in the past few years.
I remember one of the principal board members from GSFC mentioning that he was completely oblivious to what was going on at KRN when Stephen Goodman drove it into the ground, marked down Wynyard and was trying to sell the asset for peanuts. But he then voted Phinney out AGAIN afterwards. Like, stop hiring finance people who know nothing of running a business, let alone this kind of business.
GSFC board is so incompetent they're sending this project to the junkyard just because the main guy was stubborn and hard to deal with. Literally their only role in this project was to obtain financing for the project and they shat the bed at every corner. GSFC have done everything in their power to convince me that they are nothing but utterly incompetent and broke.