Grand Natal Golf Goes Bankcrupt!

[Dotty]

The so called beautiful Grand Natal Golf goes bust.All comments and suggestions welcome.

[Golfingworld]

It is too hot to play golf there anyway...and when you get to the 9th hole you'll get robbed...so it has saved us all a lot of hassle!

[robh]

Originally Posted by Dotty

The so called beautiful Grand Natal Golf goes bust.All comments and suggestions welcome.

Dotty,

Why not use this thread where this subject has been discussed extensively: http://www.propertycommunity.com/forum/brazi...ankruptcy.html

Or didn't you know that Grupo Sanchez are/were the promoters (not the developers) of GNG?

The developer of GNG is a Brazilian company I believe.

[Dotty]

How long (GNG)had they been in Natal as they are not a company I have heard of before.QUOTE=robh;42664]Dotty,

Why not use this thread where this subject has been discussed extensively: http://www.propertycommunity.com/forum/brazi...ankruptcy.html

Or didn't you know that Grupo Sanchez are/were the promoters (not the developers) of GNG?

The developer of GNG is a Brazilian company I believe.[/quote]

[robh]

Originally Posted by Dotty

How long (GNG)had they been in Natal as they are not a company I have heard of before.

So let me get this straight, you are claiming that everyone has lost their money on Grand Natal Golf, yet you don't even know the name of the company behind the project!!

[Dotty]

One has to wait and see just like everybody is still waiting for their money lost when BRA went under .What Brasilian company was behind the project
as Grupo Sanchez are infact Spanish and not Brasilian?

Originally Posted by robh

So let me get this straight, you are claiming that everyone has lost their money on Grand Natal Golf, yet you don't even know the name of the company behind the project!!

[robh]

Originally Posted by Dotty

One has to wait and see just like everybody is still waiting for their money lost when BRA went under .What Brasilian company was behind the project
as Grupo Sanchez are infact Spanish and not Brasilian?

BRA was a Brazilian airline not a Spanish promoter/developer.

[Dotty]

Oh ,so everybody should receive their paid money from Spain is that right ?so great news!QUOTE=robh;42684]BRA was a Brazilian airline not a Spanish promoter/developer.[/quote]

[robh]

Originally Posted by Dotty

Oh ,so everybody should receive their paid money from Spain is that right ?so great news!

Dotty,

I don't mean to be rude, but for a so called "experienced property investor" you do seem to know remarkably little about what you are talking about.

[Dotty]

Rob,I am an old investor who has invested over many years.I have never invested in recent property scams within the past 5 years or earlier.So I would not have experience in buying from overseas developers or promoters that have recently been hit in R.G N.Sorry to repeat myself with this,but maybe this will clarify some points.Also,when people put a deposit or large sums of money on pre launches I would be right in saying that if a company/companies go down it would OFTEN be difficult to retreive your money.From what I have read online their are many people that have lost 1,000ssss.That is common sense.You do not need to be a market genius to work that out!So no you were not being rude.

Originally Posted by robh

Dotty,

I don't mean to be rude, but for a so called "experienced property investor" you do seem to know remarkably little about what you are talking about.