GDN 0.00% 1.7¢ golden state resources limited

Don't be too hard on yourself Byron. Sure W123's posts were...

  1. 331 Posts.
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    Don't be too hard on yourself Byron. Sure W123's posts were billish, but keep in mind that management had a very big part of play in setting some very high (as as it turns out unrealistic) expectations.

    Being mis-informed or deliberately misled by another poster is one thing. You need to take all posts from anonymous posters with a grain or two of salt. However, you have an absolute right to expect that the information presented to you by the company will be timely, clear, consistent, and realistic. I don't think we got that during PB3, with the consequence that both ordinary and oppy holders held (or bought) when they might otherwise have sold.

    Myself, I would have exited at a higher price if not for the nonsense about a "well subscribed take up of the options" announcement. As it turned out it was nothing more than baseless optimism. And on that basis all shareholders should be questioning the capability and effectiveness of the mangement team.

    Cheers,

    -Disco

 
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