BOD's Ultimate Goal -Self-preservation or Co. Profitability?As a long term shareholder, excuse me for being relentless about the subject matter.
For the past year, they have indulged in a massive hiring spree of new members being appointed to the BOD- Do they not calculate the associated costs to the company for years to come? Where is the value added? We can only speculate on their end game, most shareholders believe that its preservation of their vested interest and I’m incline to agree with them.
They pay lip service to the governance of the company and they’ve clearly abdicated the board rules as outlined in the Management Information Circular, 2021! How gullible do they think the shareholders and public are? They talk a good game but their actions speak louder than word…
We cannot allow these individuals to continue downgrading the reputation of the company and allow them a free pass…They must be held accountable and responsible for their lack of transparency, erratic and bizarre managerial behavior! The bottom line, “If profitability is not the ultimate goal of a mining company, what is it?”