OTCPK:MGMXD - Post by User
Comment by
materialsgirlon Apr 19, 2017 11:05am
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Post# 26137148
RE:RE:Election of Directors
RE:RE:Election of DirectorsI will be voting no to all of them
I will also vote no re Ross Beaty.
As the Donald would say; the whole lot of them have been a total disaster.
There seems to be a total focus on high internal pay and zero concern for shareholders.
One of the worst companies for governance and high pay was Barrick. Even they responded when big shareholders voted "nay" to them. It took 2 or 3 years but eventually the message drilled through the earwax in their ears and they responded.
Ross Beaty does not need the money but he also does not want his reputation tarnished or destroyed in the way that Peter Munk did at Barrick.
mat