TSX:SGR.UN - Post by User
Comment by
DanielDardenon Apr 22, 2023 4:17pm
285 Views
Post# 35408959
RE:Daniel:
RE:Daniel:First, both Welchs received 97+% support at the last general meeting so many investors are wearing the glasses. We must all be oblivious to your wisdom!
The normal human reaction is to blame somebody without giving much thought to the appropriateness of the blame. If the future problems were so obvious to all, why did you continue to hold?
I have recognized the inherent potential risk of conflicts with external management in prior posts but weigh that risk against its’ benefits. Of course SLAM grows with the growth of SGR but is that sinister in a capitalistic society? The SGR Board has a fiduciary duty to act in the best interests of SGR and must approve this growth. Until the Board demonstrates that it is not providing the proper oversight, I (and 97%) will continue to support them.
Insofar as SOT, if you feel that the Board is not providing the proper oversight, I would suggest that you contact the Chairperson (email address is in the recent Circular). They invite feedback in the Circular.