GCY 1.82% 54.0¢ gascoyne resources limited

Plough I am not privy as to who or what is to blame . Reports...

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  1. 5,305 Posts.
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    Plough I am not privy as to who or what is to blame .
    Reports were of delayed machinery, bad weather and less gold than was originally expected.
    Maybe there was something else wrong as well - the resignation of CFO seemed sucden.
    Maybe Michael Dunbar is sharpening his knives to extract a pound of flesh
    Maybe he doesn’t have to ,
    When you have a company with a genuine reputation for over performance under budget working for you on a long term contract maybe it’s better not to be talking knives at this point?

    Not saying that I don’t think people,are upset but they are getting on with stuff I hope, and moving on and through this time. ...And I guess you must expect that this will happen too - even without your laterite crushing machine - or you would not have taken a position.


    I am largely invested in NRW and purchased shares in Gascoyne due to my confidence in NRW and it’s clients.
    I am not an engineer, have no understanding of geology and small experience of the stock market.

    I just do know and have said on these threads already that in my experience if NRW takes responsibility for doing something it does it well.
    So if, when it comes down to it, the flesh is required I honestly do not expect Mike Dunbar needs to play butcher.
    Cheers
    Last edited by sabine: 03/10/18
 
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