Well prudent management would suggest the following:
Don't try to borrow/raise funds when it is not absolutely necessary. IN GWR's case they have over 20 million dollars, noone knows how long the credit crisis will last, but I can tell you one thing- banks can't survove without lending and interest rates are coming down.
Secondly, Don't make ANY unnecessary purchases, particularly BUYING tenements when other potential purchasers have NO cash and will not be able to compete- it is a buyers market.
If there was a Russian consortium desperate to buy Doutch's tenements, then let them, it might add value to GWR, the reverse is certainly not true
GWR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
