OTCPK:RDIAF - Post by User
Comment by
thinker1951on Apr 02, 2009 12:03pm
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Post# 15891432
RE: RE: Facts jack !
RE: RE: Facts jack !Well I dont like the idea that insiders bought at .04 only to sell on the run up. Can this be confirmed in yesterday and to-days sales. I prefer to think they are buying shares to gain more votes??? At any rate pala is in the business of making money and they dont care about shareholders not yet anyway. They want control and the only way to stop this is by voting them down on management changes. If you want to study pala in action go do some homework on coalcorp ccj. They are trying to turn coalcorp around. It looks like in coalcorps case once pala got control of the board they discovered more than Im sure they expected. Management of coalcorp are now painted as thieves. This is not anywhere near the case with RDI. I suspect you couldnt get better management to mine alluvial diamonds anywhere else. So why does pala want to grind rdi down. Its not in shareholders interest to do this. They have good management. So the question I ask is how will a proxy vote for changes to the board go? Anyone have any feedback on that thought??