RE: Sulliden Mining with Stan Bharti as interim CEO Insider?Well done, ESM Investor Group, now you're starting to ask the questions and start the discussion about things that matter. Unfortunately, this is also where you will face the most resistance, and you'll come to find that "no one will know" about many of the concerns you'll be bringing up. Though it was said in jest, now you'll find out first-hand what it means to get Stan's @ss to kiss. I would encourage you to do your best to get Scott, or whoever you do speak to, to stop talking about the PEA and gold in the ground, keep shifting the conversation to the things that matter. Ask Scott how Aberdeen shareholders benefitted when LIX was taken out by Nextview? Ask Scott how Sulliden shareholders benefitted when TLG (Troilus Gold) went public? I have a feeling I know how he'll answer those questions, but if you do get any response of substance post them...
In the end, whether your group owns 10 or 20% of the shares is meaningless. With this slide in share price and upcoming PP, I would safely say that the the majority voting shares are in the hands of parties that despite the atrocious performance will vote the way they're "supposed to," and management will continue on its merry course. Good luck to you guys, but like Ryan Morris found out the hard way, you're bringing "a knife to gun fight." (credit to IKN for the phrase) Check out his site for how how that shareholder activist measure ended. Spoiler: Morris had to apologize in the end. Sad, but true.
Good luck to you guys, really and truly. IMHO, for what its worth, I think you'd be better off taking the money you do have left and putting it to work into companies where positive developments actually result in shareholder value creation. That is not the case for ESM, SMC, or any of the other companies mentioned that are affiliated with F&M. End of story.