schlomo why do you even care - you don't hold GUL stock???
The list of companies making wrong decisions are long and distinquished - BHP's Ravensthorpe, RIO's Alcan purchase, OZL, et, etc. Doesn't mean they are dogs!
The GUL directors were the same team that developed AGM. They have proven themselves as project developers. They have done it once, they'll do it again.
Stop living in the past - do some research - see what's happening here and now.
GUL has $9 mil odd cash gained from it's investment in AGM ("pure luck" - I don't think so) DD and THR also made money out of AGM personally
GUL has investment properties - they don't need to do a fire sale so no loss - still an investment
GUL has in place a 1% royalty on Gullewa gold mine - ATW is currently drilling 24 hours a day. If you care to review ATW's website you'll get updates
GUL has a substantial share holder (HGL) who has substantial coal leases in QLD, who probably are the coy GUL are in "early jv talks" with
GUL has applied for coal licences in it's own name in NSW - waiting on confirmation
GUL has Gold/Copper leases in Nth Parkes that have been drilled - results yet to be advised
GUL is not good with it's PR - DD runs the company like it's his own - that's my biggest gripe - but when everything is in place I am sure you and everyone else will hear about it.
In the meantime stop living in the past and get up to speed with what is happening today.
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