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)

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Message: New CEO ?
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Re: New CEO ? /Oxfords

posted on Mar 10, 2009 10:47AM

Oxfords,

I had just finished reading your post when BNN came on with a clip from the PDAC conference they had with the Hudbay CEO.

He bluntly stated that a Hedge Fund owned 11% of the co. and they wanted the large cash amount, $686 million (I believe it was).

So he is being asked to leave. Not surprising.


Sounded like a person who had the company's best interests at heart.


It all had a familiar ring to it, somehow......




lucky lady

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