FAS 0.00% 0.4¢ fairstar resources limited

fairstar about to explode, page-27

  1. 444 Posts.
    As I still hold its obvious I dont doubt the probability that the Steeple Hill project maybe the key to shareholder wealth.But after so many blunders,continued wasting of money on defaults and general poor decision making over my two years is testing my patience to the max.You can always excuse a few errors but not this many and not at this sort of cost to shareholders.Thats not as Mr Robinson continues to say adding to shareholder wealth,its actually devaluing shareholder wealth.Its seems clear to me that we need a management team that can actually get the finance and get us into production,not just talk about it for years.Management seems to have lost all touch with reality and we the retail holders are paying heavily for it.From what I can see the only people making a good return out of FAS shares are the 3B beneficiaries who pump and dump every so often and make a quick few dollars.Asking myself the same nagging question -why have those 3B beneficiaries not held all or at least some of those 80 million shares with the Steeple Hill project being fastracked into production? Surely 80 million x 15c is far better than 80 million x 7c? Asking myself that leaves me with only one answer -they dont believe the company's SP is going anywhere any time soon.
 
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Currently unlisted public company.

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