RE: Cash Offer to Purchase
I like this Part
- Following the termination of the amalgamation agreement, Tagish Lake
continued to founder and fell into default under several financial
obligations. In late November 2009, the majority of the board of
directors of Tagish Lake offered to resign if representatives of
YS Mining consented to replace them on the board of Tagish Lake.
YS Mining understands that the motivation for the resignations was to
allow new management, with a history of successful mining
"turn-arounds", to reorganize the affairs of Tagish Lake
And They Should Reorganize more then this Stock........