I don’t know which prospect I like less - the status quo MAB board or the Russians. But the rebs are not going the blue proxy white proxy route. They are not sharing hardly anything with us, since, after all, we don’t matter to them anyway. Nor do we know if their intent is to push the company in some direction, to just get rid of certain people, or perhaps even use the opportunity to maximize their own bottom lines (regardless of interests of lowly retail shareholder). We don’t know anything because we don’t matter. We are lowly dung beetles and the elephants are making love.
They have their 32% of the votes anyway and I presume that is enough to have some influence. (And maybe they have even more votes lined up if some instos and other large shareholder blocks are also prepared to back them.) Of the remaining at best 68%, the MAB crew can only use their own (how many is that?) and those proxies that have been checked FOR. How many shareholders typically remit their proxies? Of those, how many are going to vote for the MABus quo? Is it possible MAB & crew do not have even as many as 32% themselves? I am sure Soly has posted many times the % holdings of MAB and family and cronies and other supporters, but who can remember?

According to the fellow I spoke with at Georgeson, one can change one’s vote by getting your broker to get you a new proxy card. Too late for that now, probably.

re Rompp: You can’t dump the whole board, I don’t think. There’s too much vital knowledge and understanding of the play wrapped up in that group.

Chollo