GUF guildford coal limited

I dumped them. Smells bad to me. Sick of endless delays, cost...

  1. 12,965 Posts.
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    I dumped them. Smells bad to me. Sick of endless delays, cost overruns etc. they now say they are able to do test pits? What test pits? These guys are 6 mths llate and now they do yet another possible highly dilutive share issue at the bottom of the market. Those sorts of issues worry me as they tend to be open ended to share price movements. It also worries me that they need to do more test work on the coal. Hate to see those results be somewhat negative. The QLD assets are probably worthless and they got heaps of stock for something they probably won't mine. Going down IMO.
 
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