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Bullboard - Stock Discussion Forum First Uranium Corporation T.FIU

TSX:FIU - Post Discussion

First Uranium Corporation > Forgive my ignorance,
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Post by JimmyGIC on May 26, 2012 2:43am

Forgive my ignorance,

but I am Canadian only for 15 years and English is my fourth language, so I might have got something wrong.

I've been in a mess like like this only once - when I invested in Laidlaw and they filed for the bankruptcy protection in 2001. I've received and  filled  huge amount of paper to the Court of New York (or whatever court it was) claiming my loses and it was the end of the story. My averaging down did not work. I've just lost more money...

I have only a few thousands shares of FIU I bought at $1 and don't think my vote will make any difference. I've already kissed those few thousands $$ good by. But I hate the idea those SA thieves make money on this sale at my expense. Of course I vote AGAINST on all accounts.

I never vote before and I need some advice. As I understand, whatever I received with the circular is the proxy form enabling someone to vote on my behalf if I will not attend the meeting:

"If you wish to attend the meeting or designate another person to attend, vote and act on your behalf at the meeting, or any adjournment thereof, other than the person(s) specified above, insert your name or the name of the person attending the meeting in the space below."

It's written just above the Voting recommendations. So it looks like the actual vote takes place at the meeting. And if you don't attend the meeting and vote, your votes (casted online or by mail) end up with those two appointees from BOD (Hick and Champigny) and they hypothetically can vote for you whatever they like regardless of your instructions (I will not be surprised).

My question is - who should I appoint as a proxy? If I put my name and won't attend the meeting those BOD members could say I vote "FOR". Can I appoint as a proxy someone from Olma, or Sprott, or one of you trusted gents who is going to attend AGM? (No Prouditaians, Goddafis, Pillios, etc. please... Sick of reading your posts.)

Much obliged for any reply,

Jimmy

Comment by Hmmmmmmm on May 26, 2012 3:16am
JIMMY ....EVERY VOTE COUNTS...ESPECIALLY YOURS!! Vote online.www.proxyvote.com Enter your 12 digit control number and follow the directions. It's important to indicate "against" at least for the 1st three resolutions. From what I'm reading, most are voting against for all seven issues. Enter your email address at the end of the form for confirmation of your vote ...more  
Comment by JimmyGIC on May 26, 2012 3:51am
Thanks Hmmmmmmm, The quote I posted is from the proxyvote.com website. It is displayed after I entered my control number. And there is an input field with the proxy name in the same frame. My question is: what happens if I put my name but do not attend meeting? Does the shareholder has to attend the meeting to vote? Thank you. Jimmy
Comment by Hmmmmmmm on May 26, 2012 3:58am
Jimmy I don't know the correct answer to that question. By leaving that field blank I would assume you have voted on your own behalf vs assigning yourself or someone else as a proxy. If you called Kingsdale they would clarify and you could post the correct answer....however, I would think that field should be left blank so no one else can assume your vote.
Comment by dubsbs on May 26, 2012 6:29am
Hay Jimmy I just put my own name in  but won't be attending the meeting. I'm not taking any chance on one of fiu management getting a chance to vote on my behalf. If they have a vote at the meeting and i'm not there them my share's are excluded from the voting process.. the number of my shares is excluded from the denominator and the numerator of the voting equasion.
Comment by uranicynic on May 26, 2012 10:01am
I believe that John W W Hick and some other guy that I don't remember are the default  proxy names. I put my own name in the box.
Comment by shiftman on May 26, 2012 11:23am
then you must attend the meeting to vote your shares if you place your name in the appointe line. If your not planning on attending the meeting and you can't designate anyone to vote your shares then John HICK ,or Normand Champigny are the appointees. Hope everyone understands this  
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