Ann: Annual Report to Shareholders, page-8

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roblun

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29/09/23

19:17

Post #: 70105925
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Originally posted by sparkline: ↑

was a top 4 stock holder , now in the 20 , reading the report , seems these clowns want to run GSR into the ground, if so , they get nothing if the SP keeps going down

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Unfortunately GSR has been run deep under ground now

Originally posted by DavidW: ↑

Performance joke, Rob. Agree. Performance was based on a monetry return when I studied economics. Merely increasing a resource is not performance when costs are not accounted for, unless their planned milestones increase the likelihood of generating revenue.

Too much sympathy seeking based on retiring personnel tells me these guys can't cut it without their hand being held. But yes, they expound their professional qualifications in economics and geology.

But we all know Mt Thirsty was not drilled deep enough for PGE's to generate a price boost based on asset value. Seemed deliberate to me. Otherwise poor application of opportunity costing and priorities. Someone deriving cheap shares is an alternative thought given the number of fingers in the pie given the asset base held. More like lackies than leaders.

No plan is offered for next year to realise the assets. Oh, its a tough market and we are waiting for interest rates to fall. Surely the gold grades and access
they have would offset these issues and the dilution.

They have to ask themselves what business they are in!

Looking at the credentials of directors could a case for professional negligence be made? You are at greater risk if you are trained in a particular field and stuff up than being untrained. The analogy being a doctor trying to stop bleeding as against Joe Blow off the street.

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Totally Agree David especially now with Gold at $3000AUD/oz and will increase, our main shareholder owns a Mill, its just unbelievable

Just check this story out

What a great story a small gold company made $5,000,000 Dollars of revenue

GSR $0.00
Shares Dilution to the Maximum

GSR Price at posting: 0.9¢ Sentiment: None Disclosure: Held
6 Upvote

0 Great analysis

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Ann: Annual Report to Shareholders, page-8

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