Re: I will be back!!!!!!!!!!!!!
in response to
by
posted on
Oct 30, 2008 06:09AM
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
In as nice a way as it could be said this is putting the BOD on notice that if they try any funny business there will be repercussions.
Now much as I don't want to be forced into a Retail Shareholder REVOLT it does make a lot of sense to let Management know that there is a very real sword hanging over their heads.
It is early for Glorieux to take on preparing a Retail Shareholders protection GROUP (RSPG) but it's got a lot of merit. Maybe Retail Oversight Attention Resource 'ROAR'
If Management was threatened by holders of 30% of shares (Big Guys) then if we could show representation of 40% of shares (Retail holds what over 60%?) they would have to PAY ATTENTION.
Have to mull this over more because it could be done and not necessarily involve much expense.