RE:Just wish to say Thank Youkudos, Spiritflyer, and perhaps therein lies the problem. They don't care if they are ever allowed to sit as a director on the board of a Canadian company ever again. Their pot of gold lies on the Australian exchange. If the rumour is in fact true, there is certainly a smoking gun, for Sedun and Reyes. How they would be allowed to even sit on the selection committee, have any say, and especially after locking up shares. Where there is smoke, there is a big fire. Going to be an interesting week. It certainly appears, that perhaps, a robbery has taken place. If the rumour comes out as fact, it will be an interesting month. Imagine possibly turning down, real cash for every shareholder, non descrimatory as to what country they live in, taking only a chunk of Coregold, leaving shareholders with the possiblity of greater riches, with what is left, and a maybe still trading on a North American exchange. If the rumour is true, I feel sorry for anyone who is thinking of tendering their shares, or have already tendered to Titan. We all know that the valuation of the company is closer to zero cents to start with, now this. The truth wiil set you free. It is about time for some of it,
3 Basic Duties of Directors and Officers
1. Duty of Loyalty: Place the interest of the organization before your own
2. Duty of Diligence(Duty of Care) Act reasonably, in good fatih, and in the organization's best interest.
3. Duty of Obedience: Act within the scope of applicable bylaws.