for info, posted this on the K BB elsewhere....
posted on
Aug 14, 2008 01:30PM
Whilst "Judas" Anderson will - ultimately - have to go the Felderhoff route as persona non grata, alternating between the Caymans and Manila, we should not forget the Kinross fixers along with the rest of the ARU disciples on the board....
Here is a post on the K BB:
RE: .....would be upset too... (if I were ARU shareholder)
Wonder whether it has dawned upon the K shareholders what type of "managment" they got.
FACTS: it is now established that the Kinross management has been in close contact
with ARU executives for a considerable time. Whilst ARU shareholders were kept in the dark on major events,
Kinross management colluded with ARU managment and, thereby, being privy to
ARU management Breach of Fiduciary Duties towards their shareholders at large. Not only
being aware of such breach of duty, even aiding and abetting by plotting the takeover to the
detriment of other shareholders.
This resulted in the rather odd - presumably ingenious - takeover offer at a deflated price based on $ 4.25 or so whilst Kinross secured 15 MIO shares at price which clearly represents brutal dilution of assets
to remaining shareholders.
Whilst Kinross brains are obviously trying to achieve Wall St and Bay Street glory, it is now evident
they failed to attend "Ethics 101" at their varsity days. - Is this the way we want to run our
society? Back to the robbers of Wall Street in earlier days.
As a Kinross shareholder, beware, they may pull a similar one on you to feed their greed
as the real big boys are going after the entire Kinross shop - the cast is set:
either a third party is going to outbid Kinross or Kinross will be dismanteld in due
course.
Sad for all those small investors who are (were) supporting the Canadian Mining Junior
market. And the regulator snores ......dont disturb
Apologies to those who consider this ranting. Yet something is profoundly wrong.
Ciao
Tina