While I realize that the recent turn down in the market is not the fault of company directors I wonder if there will a wave of unhappy investors making motions to dismiss its existing boards. Below is a paste specific to Hudbay and an action to requistion a new board. Noront is not immune or alone on this front, but at least we are done with our issue and now can focus on growing shareholder value.
"HudBay receives meeting requisition from shareholder
Toronto, Ontario, December 19, 2008 - The Board of Directors of HudBay Minerals Inc. (TSX: HBM) ("HudBay") today announced that it has received a requisition from a registered shareholder pursuant to Section 143 of the Canada Business Corporations Act. The Meeting has been requisitioned for the purpose of removing the current Board of Directors of HudBay and electing a slate of directors to be proposed by the requisitionist. At this time, an alternative slate of directors has not been proposed by the requisitionist. The Board will make a further announcement on January 2, 2008 regarding its response to the requisition."