Georgetown,As you can see now, my "gamble" has paid off quite a...

Georgetown,

As you can see now, my "gamble" has paid off quite a big time. You call it gamble I called it probability risk management.

One of the biggest problem back then was the valuation of the their forestry asset against it's debt which create an unrealistic illusion terminal value on the book.

I have said it before, everything sells, but at a price, and as we can see now, the massive write off on the weekend has left hardly anything to the hard earned and honest mum n dad shareholders left wonder.

Have any shareholders ever wonder that the falling forest empire of GNS is "consciously" orchestrated. Buy time to exit and buy time to minimize shareholders impact. Remember, boil the frog with cold water?

Typical management like GNS will blame the tough economic condition and not themselves, that is not a suprise.

Not pinching salt on shareholders wound, I lose money before and I learn.
And let's not forget, take over will always in the agenda but at usually at the conditions that make " loyal n LT term holders " puke.


Cheers all and always invest within your "capacity" to lose.