another Joke
posted on
Apr 19, 2010 04:21PM
I knew it. As I said before April 1 came a bit later this year. Obviously the TSX stepped in and is trying to avoid another Nitinat fiasco. As you pointed out Whaler this spin out would be the majority of the known assets and value (depending on where the cash disappears to). As I said before how can you have such an event without any known terms being made public to your own shareholders. Who do these guys think they are, Goldman Sachs!
Maybe Miller has to finally face his shareholders for once and have a vote on this, with terms ALL DISCLOSED. Chances are this will still take many months to happen. Just hope there's some cash left in the treasury by then. Disgusting.