Burp Tye Burp should not have been fired he should have been arrested. This moron took a top tier gold company
with great prospects and turned it into a disaster. He lied about Tsasist, said Kinross had done massive due
diligence and there has been nothing but bad news since they took over. Did Kinross not study the mine properly? What is due diligence? Kinross was at the mine for months before the takeover. Are the Kinross geologists that stupid or did Red Back commit some sort of fraud to fool them?
When Tye spoke on BNN after the news release about the coming writedown against Tsasist he said that shareholders could expect good news in the next quarter earnings release. There have been at least two quarters maybe three reported since then and the news has been scandalously bad. Where is the good news?
Kinross could have had a circus clown as CEO for the past 7 years and he could not have done worse.