OTCPK:NNDIF - Post by User
Post by
pecorinaon Mar 28, 2017 12:14pm
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Post# 26040837
the AGM - what has the Board accomplished?
the AGM - what has the Board accomplished?The BOD deserves to be turfed, in total. What have they accomplsihed/
- raw material (concentrate) supply boxed in by ZincFinger in Rueschlikon
- sales: contrated 100 % to the ZincFinger n Rueschlikon
- processing or smeliting revenue: dictated by ZincFinger in Rueschlikon
- local labor situation: messed up - strike
The concept pursued by by the Overlord in Ruschlikon, to dominate the
zinc market is obivous and reminds of Hunt Bros attempts a while ago
on Ag. - Conequenty, common stakeholder are encirled, opressed and
ultimately being strangled
Going over the AGM docs, esp the three Swiss imorts to the Board deserve
to be sent back to Switzerland. Esp Eskdale who managed to attend just
65 % of Boad Meetings citing as excuse being too busy (runnrunning around the
globe in pursuit of Zinc Pool activities rather than spending time on NIF) -
Just another singn of Glencore corporate arrogance.
There is no doubt in the writer's mind that common shareholders would not be
any worse off if Chinese capitall would control NIF.
Revnue Canada/Revenue Quebec considerations: -- Taking SilverWheaton as
example, CCRA is no longer complacent in respect of offshore structures. --
In case of NIF, raw material cost - sales proceeds - even production cost are
being controlled by ZUG; the taxble income in Canada is too manipulated -
How does current BOD protect the company or the common shareholder
from not being specially assessed by CCRA in due course. OUr Swiss
directors will then be back home enjoying their fondue whilst we hold the
can vis a vis the tax man in Canada
The current Board and their compliance with the ZINC Godfaher in Zug
is totally unacceptablle. They only deserve one rewazrd: TURF THEM ALL
The Glencore clique is too smart for their own good> Look at Sudbury!
Chia
Tina