JG on hotcopper putting down new management which have cut overheads, reduced capitol cost and are hopefully in the process of negotiating a deal so we can recoup some of our JG created losses.
What did JG do?
Couldnt secure finance with gold at peak prices. Watched over the company as the share price crashed into the 2 cents, all while paying himself $500,000 a year. Presided over capitol raisings with very strange share price movements to make the options seam good value, and then used the money to drill for iron ore???
He tried trying to sue Hot copper, which he failed at as well.
The board gave him a cardboard box and showed him the door. On the way out the share holders gave him a boot to help him out the door.
Just when you thought things couldnt get any worse for JG he crawls out from under his rock and trys to get involved in MYG on Hot copper and once again gets the boot.
Can things get an worse for JG?
what a joke.
JG on hotcopper putting down new management which have cut...
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