OTCPK:RIDYF - Post by User
Post by
clestoron Feb 29, 2012 9:19am
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Post# 19603286
Anyone have thoughts on why
Anyone have thoughts on why Martin Rivard is resigning?
He started at Richmont in 1996 and I believe he succeeded his father. SEDI shows he owns 42,500 shares which is not very much.
Perhaps he is looking for an opportunity to build something from scratch . . . where he would have a much greater stake in the company . . . ?
Interesting . . . Buchan also has shs, wrnts & options totaling about 4% of Claude Resources. His $8 mm of RIC stock is about 2% of RIC.