Australia's largest stock trading and investment forum Australia's #1 stock forum

GSR

Click for more information

0.00%

1.1¢ greenstone resources limited

The only thing that is going to make you feel better is a belly...

First 49 Last

Share
Profile

Follow
Lowkeyinvestor

4,138 Posts.

1404

14/02/24

16:18

Post #: 72406130
Share

Originally posted by Ubl0xm: ↑

Yes, entirely frustrating all round. This merger is like the final insult to a complete failure of board and management at GSR. Albeit there is a possible dim light at the end of the tunnel. The proof of the pudding awaits of course. Interesting that GSR pays $300K for two HRZ tenements at a time when negotiations were quite possibly first conceived and now they are giving GSR a $450K loan to effectively buy back their 'stranded assets.'
And who is going to be the gatekeeper on milling costs at FMR who miraculously seem to be the forgone conclusion as the processing option? After losing several million on the JV with GSR and FMR being the largest shareholder of GSR the conflict of interest is glaringly stark.
I hate conspiracy theorists but this shit is keeping me up at night. I can't believe they could possibly put the failure that is Chris Hansen on the new board without some sort of sweetheart deal having taken place. Someone make me feel better! (still laughing - just)

Expand

The only thing that is going to make you feel better is a belly full of grog.

GSR Price at posting: 0.7¢ Sentiment: Hold Disclosure: Held
4 Upvote

1 Great analysis

Reply

Top Stories

WC8

Leia pegmatite pulls up recoveries of 84% lithium for Wildcat in WA

Talking the US election, the spectre of Trump and what's hot on the ASX200: Wealth Within

IVR

Investigator Resources hits 8m @ 1.06% copper on-site Stuart Shelf JV project acreage

AI stocks: What to expect in 2024-25

BYH

Bryah gains $408K government rebate for work on copper target Narracoota

There are more pages in this discussion • 36 more messages in this thread...

First 49 Last

Add GSR (ASX) to my watchlist