GNM 0.00% 1.1¢ great northern minerals limited

SP, page-19

  1. 27,411 Posts.
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    what the previous declined sp tells us about the former holders impression of management?

    useless - in the time it has taken to

    1. get a trenchig program organised
    2. OHD by end of 2016 - full of excuses.

    there is something lethargic about management that could have released capital costs of the ohd to june, but, procrastinated . why? something else hidden, undisclosed.

    it comes down to this.

    i can find my capital a better home than to rely on more of the same. they've already shown their spots, and dont trust that the next two years is going to turn into a management sprint. (rather a crawl)

    new buyers load up with expectations of blue sky, but there is nothing more than speculation in guyana, and OHD has frozen wheel bearings, or something else that is amiss.

    i have invested the last fortnight in other positions that have made, and sustained their gains. To which capital here though at a loss, is net break even with the others.

    Selling today at a loss, is net break even because i do not adopt a capital trapped mind lock.

    GLTA, i'm out.
 
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