OTCPK:VGIPF - Post by User
Comment by
roscoe74on Oct 03, 2013 12:46pm
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Post# 21788256
RE:RE:Renegade Annual Meeting Results News Release?
RE:RE:Renegade Annual Meeting Results News Release?Thanks for the update.
Sounds like the AGM went as planned, BOD hiding in the can and the CEO sent out to draw fire for underperformance. While management is responsible for poor execution, let us not forget it is the muttonheads on the BOD who did not provide proper oversight.
As shareholders, we can only hope that the illustrious personages parachuted in to the BOD can turn the situation around. Management appears to be executing well in 3Q13 and a sale of Viking assets at decent price may be possible considering the interest in the Dodsdale area re: Novus.
Attempting to find a new management team with Saskatchewan experience may not be easy or,especially, cheap. it will also be expensive to dump the existing team so, if they are executing well, let them continue.