RE:RE:RE:RE:RE:Their Co forcast (surplus past 2027) is v depressing....I don't agree about me being 2-faced nor do I agree about Verificate not being 2-faced. I'll agree to disagree.
I do agree with your analogy that Sherritt is being used as a piggy bank for the board. Stock goes no where but they fill their pockets.
I posted about this a few days ago. There was a group trying to oust the then CEO David Pathe for those same reasons I believe.
Here's an excerpt of the news release which speaks to the board enriching themselves "Mr. Armoyan, who controls 5.4% of Sherritt stock, claims the company’s directors have enriched themselves while failing to build value for shareholders. He said that Sherritt’s non-executive directors got paid an average of $362,000 last year, which is more than the directors of Apple Inc."
Maybe Clearwater will attempt the same?
Here's the 2014 article: https://financialpost.com/commodities/mining/activist-investor-george-armoyan-calls-for-ouster-of-sherritt-ceo
Let us know your thoughts?