RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:NewpostIt feels like 'transparency' is getting mixed with 'full disclosure'. Public companies have rules, very seriously enforced rules. On top of that, when a company of any type is pursuing disposition, there is not only a need for secrecy but a requirement. You wouldn't get many knocks on your door if you announced them all as they arrived.
I don't want to be the bearer of bad news, but no entities offer full disclosure to their constituents. TD Bank just sat on a pending $1b fine for 6 months and they have a market cap of a bazillion bucks. Does anyone here think the federal gov't gives citizens full disclosure? Walmart? Starbucks? ..... of course not.
When it comes to information that can and should be shared there hasn't been an instance where Cynthia hasn't been immediately and fully forthcoming. If the expectation is that every detail of every step behind closed doors will be disseminated to the public, you're setting yourself up for disappointment.
I have no complaints about how LME has communicated to me as a shareholder. Between PR's, AGM's and the contact I've had with the LME team, they are as close to an open book as a public junior can be in my view.
Hope that helps,
Steve