OTCQX:MRVFF - Post by User
Post by
Jimmycashon May 16, 2015 9:48am
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Post# 23735807
Late AGM post
Late AGM postIt was a pleasure to meet fellow active investors at the AGM. Many of the share holders I met are under water and I feel your pain as I have a similar holding in Wallbridge Mining. As a recent shr holder of Nuvo the compensation matter definitely had to be addressed and it was...hopefully a 75 and 80 % vote will cause some reflection.
Positives I got out of the AGM were guaranteed margins for horizon production until 2022 which are protected with a clause that allows Nuvo to raise prices twice a year as costs rise. This will give the company some solid ground for years to come. Seems like a lot of potential good news in the pipe line which together with cash on hand should help regain Market Cap.
ps......if you want to get in at the bottom as I have done at Nuvo, check out wm.