Re: more Stonecap
in response to
by
posted on
Jun 27, 2012 11:55AM
Jim Sinclair has a free website: http://www.jsmineset.com . The responsibility of the board is to protect the interests of the owners. PSU should formally instruct the board to pursue an investigation of the suspected price manipulation of the Company's shares. The board should then contact the Exchange with a complaint supported by what their investigation yielded. That should be the group's first step.
Since we have some new seasoned blood on the board we may receive more respect as owners than before and may see some leadership from the board finally emerge.
Worrying about offending the investment bankers should not be a consideration of the board. Doing nothing to protect owner's rights is what they should be worried about.