GGY 2.41% 8.1¢ glengarry resources limited

independent expert has no idea

  1. 2,807 Posts.
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    You know the so called independent experts have no idea when they include the following statement in page 14 of their report:

    "The May/ June 2008 falls in the share price appear to have been driven more by general market conditions than by any specific pessimism in relation to Glengarry Resources"

    I thought it was obvious that the share price tumbled immediately after the announcement on the sale of Greenvale. So much for 'Independent Experts'.

    Also on the same page, they have the nerve to include the following statement:

    "In April 2008, Glengarry Resources announced the POSITIVE results from the recently completed Maitland Scoping Survey"

    Excuse me Mr Independent Expert... If the results were so POSITIVE, why is Glengarry selling Maitland to Kagara?!?!?

    Appears to be a slight contradiction there!!!
 
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