GWR 9.09% 10.0¢ gwr group limited

Ann: IPO Prospectus for Western Gold Resources Lodged, page-70

  1. 2,690 Posts.
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    Well, I have been in GWR since 2007 paying about 2$ for my first lot of shares\
    I've watched it go through a few cycles since then, only to drop back ... I can see this happening again.
    This the same management... sitting on their bronzies and getting paid and picking up more shares.
    Thats why if they had have drilled the resource to double or treble with even more there, they might get serious observation from outside parties and Finance.
    So what have they done in 15yrs ... let some other parties in to mine the iron ore... Why couldn't they do that theirselves ... Because they are not Mining People
    Forgot to mention they've given away the Gold ... Some people might say to their mates, because that's what it looks like.

    Here's you saying what a bargain GWR is. The ore price still high and all other iron ore stocks rising. So why is GWR falling... Maybe the People investing in iron stocks have read it's history and realise that this management has not got the ability to get this thing moving.
    Which does not look good for the Gold.... because that has inherited the same management.
    GWR needs a good flush to get it moving in the right direction.
 
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