I DID IT MY WAY, CAN YOU DO SOMETHING SIMILAR?
Send your request to CPP, TSX, MP - let's push the wheelbarrow to the top!
This is what I sent CPP:
Dear Madams / Sirs,
Today I found out that, as many Canadian small investors,
you are shareholders in High River Gold, a profitable company that is majority owned by
North Gold registered on LSE.
As your mandate for the Canadian Pension Plan is to obtain
the maximum profitability from your investments,
of which I, as a retired person, am happy to benefit,
I urge you to analyze and intervene
at whatever level necessary to influence
the process of valuing HRG at its true value,
which in the opinion of many minority shareholder, is about three times higher than what
North Gold, the attempting acquirer, is offering to the minority shareholders
after years of holding down the real value of the shares.
Confident that you have excellent analysts for companies similar to HRG,
you will find it obvious that PEG ratio of 5 (1.40 /0.28) is far from the traditional average
of 28 and the more recent one of around 14 for such companies.
You may find out about the tactics used in pressing down the value of the shares by, among other things,
consulting the opinions and observations made by the participants to the bulletin board of www.stockhouse.com
and the possible complains to the Toronto Stock Exchange regarding the mentioned companies.
Please inform me as soon as possible of the measures that you can take and actually take
in order to act in conformity with your mentioned mandate.
Yours truly,