Woulfe Mining Corp WFEMF

RE:Vote Against-Don't give free reign 2 Self-interested DUNDEE

[StockExpertPro]

tungstentool86 wrote: This preference share resolution at the upcoming EGM is not a resolution to support or not support the funding to be obtained through the $4m debenture. 

It is for the creation of a security that benefits Dundee only and is heavily biased against the shareholders who have supported the company by buying and not selling the stock at risk. 

Dundee in this latest action seems to think that they should be allowed to get in and enjoy the ride of future upside from their self created safety seat without paying for it. 

Just see who benefits from this... and ask yourself if the board are acting as managers of the company or as self-interested shareholders? 

I think it is even wrong that they should allowed to vote on the creation of new securities that they are the first and for the moment sole beneficary of. Surely there is a conflict of interest! Or does Ned Goodman plan to resign temporarily from the board again so that that dundee could vote in the EGM? Believe it or not this is precisely what he did! 


PLEASE INVESTIGATE and VOTE AGAINST!!

I agree! I checked with my lawyer and he basically said the same thing that you did in your post. He told me to vote against it. He said it's in the best interest of the shareholders to vote against this. Other major WOF shareholders like Korea Zinc, Colonial First State and Resinco need to vote against the preferred shares.