GSR greenstone resources limited

Query letter to the company

  1. 3,735 Posts.
    lightbulb Created with Sketch. 1198
    This is the draft of my email to Chris Hansen:

    'I'm writing on both my own behalf and others to express concern at the current level of our company's share price. Even though the international situation and interest rate increases have exerted downward pressure on share prices generally in this sector of the market,nevertheless,news flow and prospects especially in the gold segment of the companies activities, should see the share price at higher levels.The downward direction appears completely counterintuitive. The suspicion is, and share action indicates,major players are manipulating the share price lower to gain advantages in the forthcoming IPO. But apart from the above, the last drilling announcement with lower than expected PGE results, begs the question as to why the drilling ceased at circa 250 metres when the adjacent GAL tenement showed promising PGE indications at a lower depth.And that the geological feature containing this mineralisation slopes steeply to the southeast into the MTJV area.Why wasn't this taken into consideration in our drilling program?I look forward to your response in due course.'

    Comments and suggestions before I press send welcome.Note I don't feel it should be a general whinge.Straight and to the point is best in my view.

    db
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.