ZLD 8.11% 68.0¢ zelira therapeutics limited

...last of the sfr mohicans..., page-18

  1. 3,001 Posts.
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    Let me assure you that not ALL gln shareholders missed the sfr announcement the other day.........

    I beleive the reason gln haven't paid any attention to these tenaments is that they were the remaining two leases left over from the period of time when gln was in administration/receivership, a few years ago. This was as a result of the failure of the Peak Hill gold mine that gln originally owned. I beleive pdy picked up quite a few of gln's Peak Hill tenaments from the administrator for a song, and are now searching them for fe.

    The gln directors probably took the view that they were the least desirable tenaments, so couldn't be bothered spending money on them and they looked to do deals elsewhere (ie the wonderful SA coal deal.....).

    Maybe they should now be focussing what ever $$$ they have left on a drilling programe at Peak Hill, rather than wasting it in SA on legal bills....

    Cheers,
    Mac
 
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