is it worth the risk?, page-14

"Amazes me how many people have come out and started making noise in such a small space of time, all without a vested interest in GGG - makes me wonder what their real intentions are.

They clearly aren't interested in buying it. "

Correct, we were holders, but sold out a few weeks ago when the scam started to be obvious. Me, I sold my Options for 44c as posted on the date sold. Our intentions are to publicise scammers such as this, CVI and the others that come to light, so as to help our fellow investors avoid some of these pitfalls in life. No other agenda. Now you can keep your shares and gamble, but I have ensured that I will not be a looser. If there is a management change, or things are cleared up, and Greenland allows the mining of their lease, then I may reconsider GGG again, based on its in ground assets. In the mean time I have preserved my capital and put it to work on a positive front with further gains, whereas if I had sat and held, I would have lost nearly 50% of my investment in those couple of weeks.

Now as ex holders we know quite a lot about this coy, and are very qualified to comment on it.

Why dont you go right back to when this coy came out of suspension, and re-analyse the shares and options granted to management etc, and how the price lept somehow from about 20c to 1.70 or so a couple of years back. Even then the whole deal sounded quite straange, and now with hindsight it becomes obvious why. You really need to know this stuff to comment on how things operate now, because it was all set up back then, and didnt sit real comfortable with me then.

Now the best way to pull a scam is to buy something real cheap because of the politics at the time probably wont be able to be mined, after all, thats why it is cheap. Now build up the potential to the suckers who focus on that and not the deal that has gone down. Throw in all the shadey characters, a CEO with very little experience , brokers for management,etc; and ask yourself what have we really got here. Answer, a nice little earner. But not for you and I, for the scammers only.