Welcome To The Spider Resources HUB On AGORACOM

First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed

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Message: Re: Distrust and Disgust...cappysmart
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Jul 06, 2010 07:20PM
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Jul 06, 2010 09:13PM
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Jul 06, 2010 09:37PM
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Jul 06, 2010 11:44PM
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Jul 07, 2010 09:09AM

The truth of the matter here is that the blame for what has happened should not rest solely on the shoulders of NN but squarely on the entire board of directors. Two words... Fiduciary Responsibility. Were the requirements met? I don't know but if they were, then the bar is too low. I have always been under the impression that the role of a BOD in a public company was to maximize shareholder value. Was that done by the BOD of SPQ? Apparently not if the statement from the BNN interview is correct..."We could have held out for more."

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