hmmm Wasn't I mick Wilson Once? or was I someone else? geee my...

hmmm Wasn't I mick Wilson Once? or was I someone else? geee my memory is fading as I get older.

I do agree with Nextime though, the comments made by Kiril said the Directors were a bunch of crooks. He didn't say the previous Directors were. So in fact Nextime was correct in only naming the current directors.

Regardless of whether some or all of the previous directors were or weren't crooks, it doesn't mean the current Directors are.

Before we jump up and down blaming the directors for the woes of the stockmarket, lets look at the underlying reasons why GWR is undervalued.

The Stock Market crashed because of a WORLD wide Financial crises. All stocks went down.

Also because of the FC, demand for iron has dropped, add that to the fact that GWR's iron is a LONG LONG way from port, and not likely to get a Rail link up for quite some time.

With Companies like IOH having a good performance, the fact they're neighbours with Rio Tinto or BHP (i forget which) Thier ore will be getting delivered to China, possibly years before GWR has even turned out their first truckload.

With so many uncertainties regarding the rail link to Wiluna, Who will build it and when, GWR has been hobbled. The tide will turn and GWR will be a good valued share, but it will take time, so for those to impatient to wait, please, by all means unload your shares and buy into something that will give you a quicker return.

Cheers
Incognito