Re: Greart Northern not so great now- Well was it really Austrac???

["Lineman" <grime@sympac.no.spam.com.au>]

Grahame Ferguson <grahamef@users.mcmedia.com.au> wrote in message
377c7e75@nap-ns1">news:377c7e75@nap-ns1...
>
> Stuart Ellis wrote in message <377C0CD1.C904568C@zipworld.com.au>...
> >
> >
> >JD Green wrote:
> >
> >> Just got off the phone to one of my friends at GNRS and he informs me
> that
> >> Paul Moore and Associates have decalared Bankrupt and have to sell up.
> >>
> >> Its a real shame to see one of the great private rail companies lose
the
> >> battle against the big guy. Hopefully a buyer/investor can be found to
> keep
> >> them alive.
> >>
> >> thats all for now
> >>
> >> JD
> >
> >Where in the hell do you get such information ?.  It is totally wrong. I
> just
> >spoke to Paul Moore directly and informed him of this and he said that
they
> >have not declared bankruptcy, but in fact that they are doing extremely
> well. I
> >think the info you have regards Austrac. I have been reliably informed
that
> >Austrac have declared bankruptcy., and have re- started under a different
> name.
> >Instead of Austrac operations, the new name is rumored to be Austrac
> >transportation services
> >
> >Stuart Ellis
> >
>
> Can anyone verify who has gone Bankrupt?
> Some tell me that GNR has because of diminishing work, and large
purchases.
> Then I hear that Austrac has been in receivership.
> Now I read that it is not GNR, but Austrac has survived under a new name.
> What is the Truth?  What will be the next Saga to be posted??
>
> Vline has been given away.