WDR 0.00% 14.5¢ western desert resources limited

End of the road??, page-11

  1. 384 Posts.
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    Slanyah thanks for your honest post. I had WDR as one of those shares that would just chug along and make steady progress. I also participated in the cr and I have bought it both in my private as well as super fund and hold probably more than I should. I made my assessment on many factors but the guidance of Mac Bank was certainly important. They were lenders and as such one would expect them to be tight in the funding process, as my bank is with me when I borrow. So it Is unthinkable, this looks like a systemic failure. I certainly look to what others post on HC as Intel but everyone knows no one should or ought to rely on what anyone says, so you are not responsible, but I acknowledge your integrity in taking responsibility for what you did do. Some people saw there was a problem but unfortunately most of what I recall seeing was instinct, they had a feeling something was not right. It's so very tough but I have to say I appreciate your humility and honesty for fronting up and not just slinking off to lick your wounds in private. I do hope there will be some accountability, I remember a similar loss I had in Babcock and Brown, and there did not seem to be any accountability then so not holding my breath. Would be great if there was a hot copper action group you could join, pay an annual fee to and then when as a holder this happens, our lawyers pursue individuals, this would make directors take shareholders a lot more seriously when raising funds and making assertions. Don't drink to much, this too shall pass.
 
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