AGS 0.00% 17.5¢ alliance resources limited

The Golden Goose was shot in the back of the head while...

  1. 505 Posts.
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    The Golden Goose was shot in the back of the head while blindfolded by the Boards decision to take legal action against the JV "Partner" Quasar.

    Minority Shareholders who bought in on the indication of a share in a significant U mine got stiffed...

    From Finch's TRF / IFE to AGS there's probably the thick end of $85m spent on exploring the Weednanna Tenement over the past decade.

    Abbotsleigh picks it up for much less than the sunk cost.

    A salutatory lesson in gambling on spec explorers given the information asymmetry between the controlling shareholder and the rest of us...

    GLTA
 
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Currently unlisted public company.

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