Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Eagle Mountain Gold Corp SDMTD


Primary Symbol: EMGCF



OTCQX:EMGCF - Post by User

Comment by RockLobster1on Jun 12, 2019 8:11pm
232 Views
Post# 29820528

RE:RE:RE:RE:Theft and Looting?

RE:RE:RE:RE:Theft and Looting?
Bookends wrote:
Tomsson wrote: They need to organize !!!!


I'm all for it... But how so you sugest we go about doing that??

Keep in mind how the OSC just let InCoR and Sentient RAPE shareholders of LEADFX just a few months ago.

https://www.osc.gov.on.ca/en/Proceedings_rad_20181031_pearsonm.htm

https://business.financialpost.com/news/fp-street/leadfxs-going-private-deal-is-an-opportunity-for-regulators-to-get-serious-about-shareholder-rights


In the article above by Barry Critchley...  I was the one that brought the Frontier Rare Earths consolidation to his attention.  He wrote an article about it and I complained to the OSC.  Amazingly the OSC told them to stop the proposal - which was to consolidate the shares by 9 million to 1 , with the 5 holders with over the 9 million to own the company, everyone else gets a small cash payout.   So it felt like a victory!  

So Frontier then paid for a few more fairness opinions and 6 months later they came back with exactly the same proposal!  I complained again and the OSC ignored my complaint and let it go through.  The 5 mgmt owners now paid off the rest of us with half of the cash that the comany had and now owned the company.

So that is how useful the OSC can be....  and the companies and corrupt mgmt of course know it.
<< Previous
Bullboard Posts
Next >>