Re: 50 to 1

Massive Black Horse Chromite Discovery

Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%

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BarbuBeatnik

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Re: 50 to 1

in response to

Re: 50 to 1

bananaboy

posted on Jun 20, 2014 08:31PM

"I have voted yes, with my 640,000 shares. I do not see the new class of Multiple Voting Shares, to trade alongside ordinary shares, as being a "50 to 1 reverse split"

Ditto for myself, bananaboy. With about the same amount of shares. I hope Frank will be able to get this useful tool this time! Cliffs may not afford now hiring a lawyer to get to sign and file the ballots!!!

I can't make my mind that there are still retail shareholders who will find a way to vote against what our management is urging us to do... Everyone is allowed to his/her opinion, but still I'm amazed. The 'Nay plea' isn't anymore based on the 'Reverse Split Plague' - a quick read shows it isn't - but on apotential future reverse split! How can one believe a minute that the KWG team are plotting a scheme aimed at reversing our stock on the sly? Come on guys! Management seeks our support, not Cliffs'..... Boy! Idle no more please! Time is of the essence!