GREY:VITFF - Post by User
Comment by
HoneyBadger77on Apr 09, 2024 2:57pm
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Post# 35979639
RE:RE:RE:Victoria Gold: A Solid Buy-The-Dip Candidate
RE:RE:RE:Victoria Gold: A Solid Buy-The-Dip CandidateSo MVargas, how about we attend the upcoming virtual Annual Shareholder's Meeting on May 10 and ask them (on the record) how they believed that the issuing CAD $10.5 million of Flow-Through Shares was not considered to be a 'material' news worthy event.
And while we're at it, how JM can justify getting a base salary of $625K a year and a nice bonus of $600K along with all the other bonuses to other VG executives considering the poor results in 2022 and 2023? Yes, I too read that in the filings and was thinking the same as you.
And maybe we should also ask JM what their plans are to overhaul the main crusher that according to Tripple D is crippling along and could fail any day now?
And maybe we can ask them how it is that a company earning over $400 million in revenue a year, that seems to have never ending list of operational surprises, can go over 30 days without a news release for over 30 days and us retail investors have to rely on SEDAR or local news reports to keep up with what's going on?
And while we're at it, let's ask about Tripple D's allegation of a severe injury at the site were a worker lost their legs and almost died yet no news release?
Seems to me that there's lots to ask management at the upcoming Annual Meeting but yet will anyone ask these questions unless I do? Probably not.
These guys (the Board of Directors in particular) have a fidicuary duty to their shareholders and it's about time retail shareholders started holing their feet to the fire. If JM refuses to answer, then we just direct the questions to the Board and they have to answer them. JM doesn't like that but if that's what it takes so be it.
How about it MVargas? Are you still a VGCX shareholder and eligible to vote VGCX shares?
We can split up the questions, 1 from you, one from me, one from Kegman, and I'm sure we can find a few more volunteers if needed.
HB77