GCY 1.82% 54.0¢ gascoyne resources limited

Ann: Board and Management Changes, page-10

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  1. 7,303 Posts.
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    Hey Nord,

    without doubt, his resignation implies that at the least, he was less pleased with what was going on, or perhaps, simply realized that there are easier positions to take up as you say. Hes retiring, not starting from scratch.


    Who really knows though. Of course. It throws more mud on the company at a time when it does not need it.


    @loki01 - I think the company needs to provide an update soon, especially after the changes to management. As the recent announcements implied that they would still hit 25k in the Dec quarter. That must be in doubt, but the question is, by how much?


    I think they will still have a very strong exploration drive, Mike is not he only Geo in the company. Pretty sure they are still drilling right now, but then. Who really knows.


    Anyway, a brutal day for this stock and I really can only lick my wounds and hope that the quarterly explains things in an honest manner. 

    Damn damn damn. 


    Really frustrating day for all involved.

    @plough  - sorry about the losses mate. I was clearly still too positive on this stock even when it has shown itself to be less prepared that I thought it was. 

      

 
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