RE:RE:RE:RE:RE:Very quiet now, we are resigned to the buyout then?I'm not worried about when any vote occurs. I will still vote no for the folllowing reason:
ATAC's press release on 2/21/23 indicated that we would be getting 14 cents CAD per share of HL in a buyout. Hecla's share price on the date of announcement was $6.84 CAD. This would indicate that we were supposed to get 0.02 shares of HL per share of ATAC if you divide .14 by 6.84.
Fast forward to the press release of 4/06/23 and we are now only getting 0.0166 shares of Helca instead. This is extremely sloppy handling of the acquisition at best and dishonest at worst. Either way, smart shareholders will not vote to be taken advantage of.
So, the question is, knowing that you are being taken advantage of, do you vote in favour?
For the record: note how Hecla cherry picked a 5 day window which would "force" the effective buyout price to be 14 cents CAD equivalent. Sorry folks, this is not how it works. You set the buyout price first and then announce it. You don't announce a hypothetical buyout price and then contort the facts into making it work at some point in the future. This is the worst buyout process I've ever been involved in with any of my juniors being acquired.