GOT 0.00% 17.5¢ groote resources limited

What a roller coaster of a ride so far, i have produced a few...

  1. 366 Posts.
    What a roller coaster of a ride so far, i have produced a few more grey hairs over it but I am holding on and sticking by the management team at GR.
    I have complete faith in them and the project.

    The antagonists have done an outstanding job so far BRAVO!! for you but let me tell you the games have just began.
    I would like to know how GR are going to engage the TOs when one of the key antagonists works for the ALC, see link and name at bottom
    http://www.anindilyakwa.com.au/contact.html


    this is a conflict of interest and how does a company deal with someone that has already made his mind up and holds such an important position within the ALC, so one would think when (and they will) GR the TOs and the ALC sit down and talk about this exploration he will not be there.
    The NT gov. must be getting annoyed by his actions, for me the only guy to hold his head high is the CEO of the ALC I think his comments have been constructive and encouraging so far.

    And lets not forget that GR are completely within there legal right to start exploration but they have held off trying to talk to the TOs and do the right thing but a select few have made that job so much harder.

    What GR should have done is started the exploration now and deal with the environmental impact at a later date like the following.

    1) pebble mine in alaska, 50% owner is anglo American link attached
    http://www.pebblepartnership.com/home

    2) the solwara 1 project , major shareholder anglo American

    http://www.nautilusminerals.com/s/Home.asp

    3) barrow island ,http://www.chevronaustralia.com/ourbusinesses/gorgon.aspx

    as you can see it has been done and will be done.

    can you imagine when/if GR come out and announce they have a 100mil tonne ore body(it might take 12months) to the value somewhere between $2-3bil a company like anglo or bhp or someone else would say gee we have that spare change we should make a bid for GR and that would throw out all loyalty.

    What about the NT gov , they have promoted there state as the next big thing and have encourage mining companys. to explore , they have even mentioned arnhem land.

    http://www.nt.gov.au/d/Minerals_Energy/index.cfm?header=Exploration%20Initiatives

    another gov. web site.

    http://www.nt.gov.au/d/orestruck/index.cfm?header=Ore-struck%20Home

    So I am staying put and I am going to enjoy this great journey that is going to unfold.

    I might even buy more


    CALLBACK.
 
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