GSR 0.00% 1.1¢ greenstone resources limited

Mr. Creasy and GSR, page-20

  1. 2,576 Posts.
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    LK ..I have no idea what FMR's motives are, but GSR/BAR are low on money that is why they are on the hook to the likes of FMR. GSR had Burbanks Nth permits to mine 3 years ago and were aware of the resource maybe 5 years ago from memory.But with little money GSR is at the mercy of FMR. FMR rejected mining Burbanks Nth. Like yourself I would have preferred to mine Burbanks Nth using a contract miner and a different mill, rather than spend money on drilling out Burbanks and Phillips find.
    Why was the Phoenix mine bought for $300k in cash/shares when HRZ bought it for $80k less than 2 years earlier and did no work on it.
    I must say I was pleased when Gary Berrell and friends decided to move on, now I'm not so sure.
 
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