GREY:SWYDF - Post by User
Comment by
mjl777on Jan 24, 2014 8:25am
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Post# 22128837
RE:Eastmain sure benefits from our road
RE:Eastmain sure benefits from our roadAgreeing to pay for and construct the road was just another in a long line of brutal decisions made by Stornoway. In fact, you would be hard pressed to find another example of a development stage company assuming that kind of risk and financial burden. That decision was pure and simple, reckless. And it transfered a responsibility of the state to Stornoway's ordinary shareholders (once again demonstrating that Stornoway abandoned its objective of creating value for shareholders to pursue Quebec government objectives). With stronger leadership and governance, that deal never happens. Not in a million years! JMHO.