who is capping and who is buying, page-17

Inco stock in GWR yes, stock in FAS no.

Your first argument that te price of GWR last week was a false price is not acceptable. There has been an increase in the number of shares on issue or to be issued, that dilutes the price, the price may rise if the shares are used well but if an announcement re JORC increased resource happens prior then the price has been diluted at that time also.

The only way either of these companies is going to improve their share price is by on market takeover or good management.

I have already enunciated my suggested actions for good corporate governance for GWR recently I don't resile from any of that.

On the other hand I have observed Fairstar management since I bought in to the market and having sold I only comment because I fear that management by Fairstar of GWR will provide a similar sad story. I have railed against FAS control of GWR. It is obvious to many and the market that FAS have faied to run its own company prudently.

If you are genuinely interested in Fairstar's management you will have I would imagine some concerns about their poorly managed takeover bid including underestimating the intelligence of at least 60% of GWR holders, the issue of performance shares spuriously, the attempt to create a "billion dollar company" without proving up each or any resource in a businesslike manner, the loss of not only shares to Opes which might have been excused on the basis that "everyone was doing it", but to follow with the loss of another 1.8 million shares in the same vein without reward is culpable.

I am astounded coninually that few on here acknowledge these "mistakes of judgement" and without acceptance, nothing can be done to improve it.

So inco do you not see that, ignore it, believe it was bad luck that any manager would have made the same decisions, what is it - are you religious? Do you "Have the Faith"

You want my motivation, well I've explained it - it makes sound sense to me and most if not all others I discuss it with. So now give me your glowing or honest report or both.