Post by
Moneyman70 on Aug 11, 2023 2:23pm
Taiga benefits who?
Taiga is owned 70+% by Tong so what Taiga does is for Tong's benefit not for the minority share owners. The "special dividend" mostly benefitted Tong. There is no incentive to take Taiga private why spend the money to buy out the minority shares? My eyes popped out when I saw how much the top guys are getting in bonuses, those bonuses are obscene and a real slap in the face to the general shareholders and also the employees who don't get anything near to those amounts. Grant Sali getting two million for some special services regarding Taiga Ventures (WTF is Taiga Ventures anyway) this was obviously made up to justify giving him some cashola. There is some nepotism in that place too with kids working with their dads (Ian Tong being the most egregious recent example). CEO Balog also has his kid working there. Don't hold your breath expecting anything from this company if you are on the outside looking in.
Comment by
downwithdotcom1 on Aug 11, 2023 9:23pm
your rational makes no sense to me but maybe thats just me....dwdc
Comment by
pennydredful on Aug 14, 2023 10:02am
Apparently they don,t want to pay what it is worth , rather buy it on the cheap thru the NCIB over many years .
Comment by
pennydredful on Aug 15, 2023 9:28pm
Your " dividend " was paided as a bonus to Tong and company as you so aptly illustrated.