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1.1¢ greenstone resources limited

Ann: Mt Thirsty Mineral Resource Increases By Over 145%, page-280

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03/10/23

10:10

Post #: 70142375
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Originally posted by donnybrook: ↑

Sorry,Cheeky but you need a number of Big Fish wanting GSR to get a 'decent price'. What I'm suggesting is, we retail shareholders can get together and form a company to make a bid.Easy in theory,I know but if we want to eradicate our paper losses and stop them from becoming real losses, then we should seriously consider the proposition. If someone knows or has contacts with, a merchant bank which would be happy to fund the takeover in exchange for a cut of future profits,it would be useful. Gold is virtually currency and can be monetised quickly via various market means. A Bank or some other entity could very well be interested in funding a bid.
The other alternative is to have the current BoD replaced by a new retail shareholder supported Board.Either way,we need to start preparing now.

db

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Effectively what happened at TNG. New shareholder who had the contacts, did a strong campaign of "kick out these freeloading pricks" and hey presto....well sort of.

GSR Price at posting: 0.9¢ Sentiment: Buy Disclosure: Held
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