From the press release:

"The deal, which is supported by boards of both Golden and ECE, requires approval by two thirds of shareholders of both companies. The Sentient Group, one of Golden Minerals' largest stockholders with 19 per cent stake, has indicated it intends to vote in favour of the transaction.

"Sentient has also expressed an interest in investing further capital in the combined company to retain its current proportionate ownership, although no agreement has been reached," the release said.

It would appear that Sentient holds an interest equal to that of Gilder et al. Sentient seems to me to be a legitimate operator that would not condone J P Morgan type manipulation of its interests. I would certainly be interested to know if others hold a different opinion of The Sentient Group.