Agoracom: Small Cap Investment - Noront Resources - Yellow Proxy

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

Reply New Message

Prev Message Back To Forum Threaded View Next Message

bravekind

Rank: President [?]

Points: 14019 [?]

Votes: 298 Score: 4.0 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Yellow Proxy - not enough information.

posted on Oct 12, 2008 04:07AM

The Rosseau Proxy complains of a lack of information forthcoming from the current board but is itself woefully lacking in specifics for example:

- Who will the CEO be?

- What is their plan for share / option distributions among the new directors and new CEO?

- How do they plan to raise additional money?

- Will they agree to follow the example of the current insider share holders and refrain from insider selling?

- What is their drilling plan, how does it differ from the current one, and why should shareholders believe it will be able to exceed the current results?

There is simply not enough information to even begin to consider a change. The burden is on Rousseau to explain why they would do a better job and how.