Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

Free
Message: Re: Peter's actions
5
Oct 16, 2012 01:56PM
6
Oct 16, 2012 02:10PM
12
Oct 16, 2012 02:27PM
6
Oct 16, 2012 02:43PM
5
Oct 16, 2012 03:05PM
6
Oct 16, 2012 03:12PM
20
Oct 16, 2012 03:23PM

My take on the alternate slate would be they're not a Board I would invest in, and I think current shareholders would do better with a different alternative. I think they'll try to break it up, and I think some people will benefit more from that who aren't necessarily the current shareholders...

One possible positive out of this is that this might move some passive shareholders (such as Marquest) or RGX into proposing some Board additions that could help on the corporate governance side. Frankly, I don't know why Peter Smith hasn't delegated a lot more of this already, it doesn't strike me as something that interests him as much as the exploration. But maybe that's what LaFleur is for, I thought I've detected a bit of a difference in the public disclosures since he's joined, but who knows for sure. Also, very critical to find someone you can trust and that can work with you.

So many things are on the cusp right now of that real potential being realized - ex/ RGX being so close to a possible deal, Magpie, etc etc - I think adding some value to Peter's team would be the much better way to go, but that is IMO.

1
Oct 16, 2012 03:30PM
4
Oct 16, 2012 03:31PM
10
Oct 16, 2012 06:48PM
6
Oct 16, 2012 11:11PM
8
Oct 16, 2012 11:39PM
Share
New Message
Please login to post a reply