AUL 0.00% 28.5¢ austar gold limited

Boz, how many times have I seen the same Statement on Hc. ' why...

  1. 2,264 Posts.
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    Boz, how many times have I seen the same Statement on Hc.
    ' why would this guy risk his reputation by taking this on?'
    OGX is one where the same thing was said. Its uncanny how many parallels there are between these companies.
    Well here's a couple of reasons:
    He's not risking his reputation. Many think this company is a shot duck so should they happen to pull it off he'll be a bloody legend! If it fails, well he gave it a go but it was always going to end badly, whoever it was , was doomed to fail so no reputational damage.
    or
    He's between jobs, got a family to feed so will give this a crack. Desperate times breed desperate decisions.

    Quite frankly, as a holder, I am disturbed by the absolute silence recently. You would have thought that at the recent gold prices, if ever, raising the cash and signing off on the deal would have happened by now. Now dont tell me its 'over the line, blah, blah because if it was then it would legally have to be reported as price sensitive info.
    Cant wait for the quarterly, should tell the tale that counts.
 
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