K2's primary concern is the lack of true independent governance at GT Gold and a failure of the independent directors, led by Mr. Rutherford, to counterbalance the overarching control of the non-independent executive chairman, Mr. Mehra. These failures have led to lost opportunities to maximize shareholder value. In K2's opinion, unless the deficient governance at GT Gold is drastically improved, Mr. Mehra will continue to seek ways to entrench and enrich himself at the expense of independent shareholders and Mr. Rutherford will continue his abetting role.

Are we lucky,what a mess! No wonder nobody wants to touch this company,time for action?

Inca.