Kinross Master Plan
in response to
by
posted on
Jul 28, 2008 06:24AM
The company whose shareholders were better than its management
Let me put forward my take on this; ignore it or expand it:
1. K have done their homework in Ecuador well. Following
their Ruski pattern, they made a deal with the locals to
reserve soem 25% to the locals - the political risk is
reduced substantially; locals are being compensated
'legally" (no buyers commsion, illegal in Canada, eh) and this makes a good sell for the new government/constitution.
creating jobs.
2. to forestall political pressure from the ground in Ecuador
they agressively did shortsell (no gringos buying out our
national treasure);
3. Cut-in ("buy) Aurelain management to take their
pickings (legally) as honchos in Kinross Ecuadoriana LTDA;
so you get those 15M shares to offset the shortsales
4. the only angle to be covered are the little shareholder
idiots in Canada - AND WE WILL SOON KNOW WHERE
THE CANADIAN REGULAR STANDS..
5. PiCTURE COMPLETE; everyone (who counts) is happy
and we all celebrate the ingenuity of Knross's top brain -
getting ready for the new Hospital Wing in his name
Amen
Tina
PS good night Canada!