Great Bear Resources Ltd. GTBAF

Kinross

[fozzie88]

Kinross to Acquire Great Bear for C$29.00 per Share, Plus a Contingent Value Right V.GBR | 14 minutes ago

[goldman88]

This post has been removed in accordance with Community Policy

[Ivorygull]

I don't get it? With a couple of months to go to the MRE, where all shareholders would have had a much better idea of what we have, why is CT and the board so eager to vote in favour of this deal? It's the first we have heard of any offer at all and right out of the blue. Now if there was a bidding war, it's going to cost GBR $85 million if they accept a superior offer. I have always

[KozmoT]

I'm sure the general sentiment on this deal by shareholders is to vote NO, I know thats what i'm doing.  Management holds I believe only 4% of the outstanding shares and they need 66.66% approval.  Its a bit of a chess game alright....

[CdnBadger]

Voting NO

[Ivorygull]

Yea, I'm with you on voting NO.  It states though that  The directors and senior officers of Great Bear, in addition to certain securityholders, owning in aggregate approximately 20.04% of Great Bear’s voting securities have entered into voting support agreements pursuant to which they have agreed to vote all the securities they own or control in favour of the Transaction