Another Tad missive for your perusal... for the Fairness Hearing.
For now .... I just have a question as to how Gregg Sedun, Mark Bailey, Leonard Clough, Javier Reyes
and Sam Wong could even vaguely consider the legitimacy of the supposed "independence" of the
PI Financial Fairness Opinion ? Justice Grove saw right through this in his ruling.
PI Financial's remuneration was based on the success of the Plan of Arrangement, so exactly how
biased was PI Financials opinion from the very beginning of the process ?
How in depth did PI Financial look into Titan Minerals operations in Peru ?
Did PI Financial actually do any field investigation at Titan's "operations" in Peru ?
BUT .... the one key detail that makes one go .... "hmmmm" ...... with PI Financial is that in one of
Keith Piggott's affidavits is a copy of the shareholder's voting list. That shareholder's list shows
that PI Financial held 500,000 shares and 250,000 warrants of Core Gold and were actually
allowed to vote their shares in favour of the plan of arrangement.
Our glorious board members and CFO used that PI Financial "fairness opinion" to try to sway
shareholders to vote in favour of the plan of arrangement.
Independent assessment my 'rear'.
That is a pathetic example of poor execution of fiduciary duty by the very people supposedly looking
out for the best interests of Core Gold and its shareholders, isn't it ?
.
PI Financial should be ashamed of themselves for even particpating in this type of activity. Kind of
taints their reputation, doesn't it ?
It looks more like the directors and Sam Wong were rigging the whole process, including padding
the vote.
More on that in a later post ..... a further revelation comes to light with the September 2018
private placement that Javier Reyes, his family members and busniess associates played a
significant role in.
GLTA !