GREY:WFEMF - Post by User
Comment by
mercurysmithon Oct 31, 2012 11:03am
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Post# 20544140
RE: RE: RE: Dundee Corporation Acquires Further In
RE: RE: RE: Dundee Corporation Acquires Further In I tend to agree more with Dickles. Dundee will likely sell big blocks at some point in the next 18 months, as opposed to Sir_Holler's suggestion that they are positioning themselves for a buyout/takeover. I will say this, if Sir_Holler is correct, we will get a hint of it in just 3 weeks (at the annual general meeting in Vancouver) because you would see a representative of Dundee becoming a Director. I was reading all of the Management circular and the MD&A carefully to see if there was any evidence of whether a new sixth Director would be forthcoming at that meeting (because general meetings are where that can happen without a lot of special notice), but if that is what is intended, it isn't obvious from the paper trail--the paper trail is more suggestive of them continuing to operate with only 5 Directors (with nobody replacing the fellow from Korea Zinc that stepped down earlier this year). We won't have long to wait to know the answer to this riddle.