GFC 1 completely stuffed up all their plans. They thought they had it all, but ended up with worthless FAS scrip. They had to move mountains and tenements to FAS, just to ensure it stayed alive. THey had to make alliances with suspicious types and to cut ties with trusted friends. There were law suits filed throughout the world, and there were loans from relatives and loan sharks. And yet they kept going, choking GWR year in year out. Every other Iron ore hopeful made money, but no not GWR.
So, how will it end this time? I bet they are at least a bit anxious again. Perhaps they should have cashed in? Or were they too greedy? Should they have started production like 453 other companies that discovered iron ore body in 2005? Is China going be relevant in 2 years?
I still do hope it works out because I have put in a fair bit of cash in it, yet I wouldn't mind seeing their dreams evaporate too. Let's wait and see.
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