via Kitco - Mineweb Hits The Nail On The Head

"Shareholders take note. If those who are doing the looking are to be believed, it is management on the receiving end of interest getting in the way. In that, some of those being targeted may be afraid of a bully's deal: your lunch money in return for not getting kicked in the groin. Hard to take that to shareholders. There are surely cases where there is reason to sit and wait longer; because you have the cash and a grand plan that does not include getting taken out at extreme shareprice lows. In other cases, however, myopia may be getting the better of management and egos getting in the way. If this drags on, there will be better reason for the kind of shareholder dissent we have started to increasingly witness. Or there should be."

Acquisition frustration boils over at B2Gold

B2Gold president and CEO Clive Johnson argues companies haven't been receptive enough to acquisitions during quarterly conference call.

Mineweb