Share
clock Created with Sketch. 21/02/24
18:07
Share
Originally posted by vcr999:
↑
In 2007 GWR'S share price was over $3.00. About 3years ago it was over 40 cents per share. It was all a because they owned a huge high grade Iron Ore deposit. They wasted $200 mill drilling the ore over many years. After the Directors were paid over all this time they offload their prize asset for $30 mill. The TGN shares they own could have been sold for 80 cents each back in 2018. I suggested they sell but they basically had the same board on both Companies. The Gold deposit looked promising so they sold it off and who became Directors. ETM were about to go broke until GWR gifted them with some of out good assets at dirt cheap prices. After that I sold out.Look who runs all these Company's at losses year after year yet they are paid Monthly salaries while us shareholders suffer. Good luck I could go on but I have moved on only bad memories for me with GWR even with getting out at over 30 cents per share. DYOR
Expand
I obviously haven't been around as long as you and fair enough but I really don't see how any of what you said matters?
