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Happy Creek Minerals Ltd V.HPY

Alternate Symbol(s):  HPYCF

Happy Creek Minerals Ltd. is engaged in the business of acquisition and exploration of mineral properties in British Columbia (B.C.), Canada. The Company is focused on making new discoveries and building resources in proximity to infrastructure on its 100%-owned portfolio of diversified metals projects in B.C. Its projects include the high-grade Fox Tungsten deposit, the Silverboss molybdenum-copper-gold-silver project adjacent to Glencore's closed Boss Mountain molybdenum mine, and the adjacent Hen-Art-DL gold and silver project. The Fox property is located approximately 70 kilometers (km) northeast of 100 Mile House in the south Cariboo region of British Columbia, Canada. The Silverboss property is located approximately 85 km northeast of 100 Mile House in south central British Columbia. The property is approximately 155 square kilometer (km2). The Hen and Art-DL property is located about 16 km southeast of the Boss Mt. molybdenum mine.


TSXV:HPY - Post by User

Comment by Earlyone_1on Sep 11, 2021 9:16pm
174 Views
Post# 33845676

RE:What happened to the dissident shareholders ??

RE:What happened to the dissident shareholders ??Shareholder Gary Bennett was spot on....

"Because the management repeatedly went to the market to raise funds without any public enunciation of a carefully conceived and articulated plan, the market response was weak, and the share price continued to decline. The management's repeated and ill-timed drill-and-dilute operational mindset and the current board's continued endorsement of this strategy has cost every shareholder considerable wealth. This strategy has diluted our collective share value. The company gave away too much equity at too low a price. More of the same in the future can be expected to be detrimental to all shareholders. It is my carefully considered opinion that the current management does not have the vision or the corporate finance capability to move this company forward. The initial promise of the company has not materialized. A total change in leadership is now needed if Happy Creek Minerals Ltd. is to live up to its potential and to protect and enhance shareholder value."

 
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