As the BOD describe the SRP back when it was incorporated in 2006:

"The purpose of the Shareholder Rights Plan is to provide shareholders and the Company's board of directors with adequate time to consider and evaluate any unsolicited bid made for Lake Shore; to provide the board with adequate time to identify, develop and negotiate value-enhancing alternatives, if considered appropriate to any such unsolicited bid; to encourage the fair treatment of shareholders in connection with any take-over bid for Lake Shore, and to ensure that any proposed transaction is in the best interests of Lake Shore's shareholders."

So ...... if its in our best interest and encourages fair treatment, why are we being asked to give it up?

v.