GREY:TWNNF - Post by User
Post by
letsgetreadyon May 10, 2012 9:01pm
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Post# 19897385
canadian proxy voting system broken
canadian proxy voting system broken https://www.theglobeandmail.com/globe-investor/investment-ideas/streetwise/canada-needs-to-fix-its-shareholder-voting-system/article2425405/
kinda liked this:
The fool’s-gold standard remains the situation in 2004 at Iamgold Corp., which was trying to merge with Wheaton River Minerals Ltd. in a controversial transaction. By the time all the votes were in, there were 125 shares voted for every 100 that actually existed.
in my opinion setting a may 11 record date is a little foolish..lots of room for abuse..as i noted an earlier post..we can now sell and vote NO as we were sahreholders on the record date..however, i don't beleive the price of 3.27 is worth selling for..and can wait another year for TRR to advance its project, the price of juniors to pick up and TRR to get back to $5 which it surely will do as we get past 10 millions ounces all told