RE:GLTA
The various points suggest they have no intention of screwing us... not that they aren't going to do it, just that it wasn't their intention.
These points in particular go against almost everything that's going on now:
d) a change in the board of directors or management of the reporting issuer, including any plans or intentions to change the number or term of directors or to fill any existing vacancy on the board;
...
f) a material change in the reporting issuer's business or corporate structure;
....
h) a class of securities of the reporting issuer being delisted from, or ceasing to be authorized to be quoted on, a marketplace;
i) the issuer ceasing to be a reporting issuer in any jurisdiction of Canada;
I haven't really lost hope here, but some of this is crazy... We keep borrowing more money from Sentient, and they keep demanding more concessions, but these are small amounts of money compared to what we're already generating. So the question is, "Why do we need to borrow the money at all.... never mind at such a steep price?"
And of course the next question is, "Are they managing this company for the benefit of the shareholders....?" Because I think they're supposed to.
70,000 tons... probably 21 to 30 million dollars and we keep selling off our portion to stay afloat? Give me a freaking break.
I'm not going to suggest "bad faith", but I think we are owed an explanation. Forget calling the company or writing. They don't answer.