Re: Cease Trade Orders (Failure To File) Oct. 3 2014
in response to
by
posted on
Oct 13, 2014 04:18PM
Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE
There was more mining experience to be implimented in the proposed slate of 5 directors, by the Hastmans. Jamie Rainbird being one with experience as president of IGD, a public traded mining company. The other, Richard, has experience operating a resource company. To complement, the SLI shareholders have access to numerous geos, of which, upon the Green winning the election, could most likely have complemented any shortfall in geological experience required.
The very questionable actions by the judge that made the ruling that Jamie nor Richard could not reside on the ballot, says a lot about the incompetency of the B.C. Judicial system, where a court justice makes a decision based on a document that was invalid, because it was never ratified by shareholders. This act alone is a total embarrassment to the B.C. Judicial system and should have been properly recognized by Justice Steeves, as not allowing the case to continue, until the ruling was reversed and a more appropriate and publically fair avenue had been taken, like an arbituary decision, that would have granted the shareholders a fair process.
So in reality, the courts actually furthered risk to the shareholders as well and avoided any attempts at mitigating shareholder risk by allowing current management to remain at the helm and put this company into the state it is today. And don,t excuse the management by saying they could not raise money, because management deliberately and intentionally denied shareholders the right to participate in a PP that would have cashed up the company to a greater degree.
I believe if a fair and just ruling was done on this circumstance in a just court, you would find/ have found, management removed and a complement from the shareholder base engauged to protect investors, the integrity of the markets, and to mitigate risk to not only the shareholders here, but to the public as well. By this exploitation allowed to be weighed in favour of management, only gave tools for corruptive forces to further utilize in an already unjust judicial system, designed to protect the powerful at the publics expense.