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Garibaldi Resources Corp V.GGI

Alternate Symbol(s):  GGIFF

Garibaldi Resources Corp. is a Canada-based junior exploration company. The Company is focused on creating shareholder value through discovery and strategic development of its assets in some of the most prolific mining regions in British Columbia and Mexico. Its E&L Nickel Mountain nickel-copper-rich massive sulfide discovery, approximately 18 (km) southwest of the famous Eskay Creek mine, contains some of the highest nickel grades recorded in magmatic sulfide ore deposits on a global basis. The Company's projects in Canada include Otter Creek, Palm Springs Property (PSP), Red Lion, and King. The Otter Creek lode gold prospect consists of 8,704 total hectares and is located 12 kms east of Atlin in northwest British Columbia. Its projects in Mexico include La Patilla, Rodadero, Tonichi, and Iris. The Company owns a 100% interest in the La Patilla property located in Sinaloa State, Mexico. The Company owns a 100% interest in the Iris property located in Chihuahua State, Mexico.


TSXV:GGI - Post by User

Post by NoMineron Dec 02, 2022 5:26pm
816 Views
Post# 35147782

GGI BOD – ESK REP. RESIGNS

GGI BOD – ESK REP. RESIGNS 
As we know, Eskay Mining Corp. is a significant shareholder in GGI – and has a representative on its BOD – Michael Myhill, ESK’s VP of Finance.
 
Yesterday GGI announced Mr. Myhill’s resignation; with no announcement of a replacement.
 
Mr. Myhill is still listed as VP Finance on ESK’s website and presumably is still with ESK; in fact Mr. Myhill is still listed on GGI’s website as a member of its BOD.  Certainly this has not been done in an orderly manner – it makes one speculate whether it was done on a quick, immediate basis – which in turn makes one wonder whether or not it was his personal decision, or perhaps a more sudden ESK corporate decision, and of course whether or not it might be related to GGI’s recent announcement of the ‘$4MM PP’ – this is all speculation on my part. 
 
But the facts are:  he resigned and has not been replaced; he was ESK’s representative on GGI’s BOD; the websites have not yet been changed……
 
If anyone has further detail, I would look forward to hearing it – thanks – otherwise we wait to see how this evolves.
 
I do not want to ‘make a mountain out of a molehill’ – but, based on my experience, this has at best been handled pretty sloppily, and at worst might have some significant effect on GGI’s future activities.
                                                IMHO                        DYODD
 
 
 
 
 

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