Golden Saint Resources - Option money HOLD - I saw a comment that...

I saw a comment that the share price could not really go any lower and in that sense was worth holding or punting some more cash. All fair enough though we know the gap between what you have been led to believe and what has come to pass is growing ever wider and the old phrase of "good money after bad" comes to mind. A very real concern remains, if this latest dilutive capital raising runs out ( and you have it in black and white in today's announcement, that is Cyril's backward and forwarding to SL and I bet those business class fares don't come cheap from Perth ) before there's enough generated by the poor sods on the ground then listing fees could be an issue and if GSR is DELISTED then shareholders are stuffed. As for the announcement of the Board changes, that leaves a suburban Petth lawyer as chairman and does not change the ongoing fact that Cyril had no prior mining experience. There is a distinct lack of an independant voice in this publicly listed company.