Balance - are you sure that Marquest was a shareholder with direct beneficial interest in Fancamp?
I thought that Marquest was acting as Fiduciary for the Public Flow Fund that they offer. Hence the real shareholders are the Unit holders of the Marquest Flow thru fund.
Marquest merely acted in it's own self interest when it voted ---to garner furture potential fees on the next Flow Thru financing - which they then sell to the Public.
Marquest does not care if fnc goes down to 1 cent - not Marquest Loss - it becomes Unitholders of Flow thru Shares Loss.
Vested interest of Marquest is more financings and fees that it can then charge to the Fund run by it.
If Marquest really cared about FNC - wouldn't they ask for Board Representation and protect their 14% of FNC???? Bet you would!
Oh forget - that would then conflict them out of future financings .... better to be slight of hand.
Please let me know if you see the ACTYUAL FActs and ownership (benefical that is) any differently and WHY
BTW - FNC now needs Hard Dollars to pay profy fees etc.... - but how many hard dollars does PS have..... remember all funds that Marquest supply MUST be spent on explaration...
will Marquest step up with Hard Dollars.
these are some of the questions that need answering.
I already know what Peter is going to do ..... bend over...