RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:searislee? How come Tony Albanese, the chairman of Nevada Copper, did not warn the shareholders that Chapter 11 would mean shareholders were giving up all shareholder rights too?
Likewise, how come there are no shareholder counter-suits? Is it possible that Pala and Mercuria are getting treated better than other shareholders?
Any chance for the court to include any shareholder rights. Any chance for shareholders to come find out who the bidders are, to find out if they are still interested.
Or is the SEC the only entity that cares about shareholders getting treated equally?
Don't see any reason why the mine should just get handed off to Kinterra. When other businesses go Chapter 11, do the debt holders just get to move in, and take over the management of the business? And to liquidate whatever they want any way they want to? And tell the shareholders to shove it.
Shouldn't the shareholders get a say in how the business is liquidated? Otherwise the debtors can just sell the assets to whomever they want, at whatever price they want to, fair or not.
Likewise, can the shareholders still propose an intended buyer? Or too late.