So, it appears the shareholders voted against the pay package of Barricks, Thornton by a whopping 85%.

"While 85% of votes cast were against Mr. Thornton’s pay package, an average of 82% of votes were cast in favour of each director’s reelection."

But its my understanding that the final say lies with the BOD that was all re elected. It is also mentioned in the article "unprecidented", perhaps the media knows little of our staggering 91% margin. So, the very directors that approved this package all get re elected and it will be interesting to see how they rule at the end of the day. I also see in here that the AGM was full and that some were locked out.

"Wednesday’s annual meeting was one of the most tumultuous in the company’s history as attendance greatly exceeded that of previous years. Many shareholders were locked out of the theatre where the event was held after the hall reached capacity 30 minutes before it began."

The point of this post is to show how more and more investors are becoming more involved with their investments and to show similar circumstances that we have encountered as well in the past.

A comment in the article; "“Any board that ignored this would be folly,” he said." makes me think of our 91% votes being ignored.

http://business.financialpost.com/2013/04/24/barrick-shareholders-reject-executive-compensation-resolution-at-tumultuous-agm/