byg Message Board - Msg: 6130678

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Gold/Mining/Energy : byg

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To: JUNIORSPECULATOR who wrote (739)	10/23/1998 12:07:00 AM
From: Gramps	of 769

Good evening chaps. I just got back from the annual AGM for Omni resources and it was no surprise to anyone that the BYG/TYg gang made a take over attempt on ORI. Fairly long story but as a result of the continued inept performance of the management of these companies and a lawyer that sure goofed, there attempt failed miserably. Dickson and Chaffee who were nominated by the ORI board in good faith were elected along with the 4 person board of ORI. What happens in the next 12 months should be very interesting with 2 hostile persons on the ORI board who will be in a conflict of interest position in most policy decisions. Other interesting scenarios are evident so it should be interesting. If they intended to strip ORI of its cash and property to get themselves out of the deep crap they are in it will be on the back burner for awhile. Where the heck are the regulatory authorities anyhow??? Contact me by mail Al. Ernie

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