GLN 0.00% 13.0¢ galan lithium limited

Buddy, its cool that management spend so much $$ on the project...

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  1. 1,851 Posts.
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    Buddy, its cool that management spend so much $$ on the project (instead of a&c). But if I were to milk retail shareholders through massive dilution of their investments (like a significant capital raise at what seems to be close to a 5+ year low or so), I also wouldn't hesitate to invest everything in the project (kind of free money from hotcopper ppl if you want). The issue isn't how the money is spent, but rather who ends up paying for it. One reason why communism doesn't work is that it focuses too much on spending money in "nice collective ways" and not enough on generating income through economically smart and sustainable methods. I wish GLN would focus more on the latter. my 2c (not via CR but my own 2c ).
 
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