Barramundi Gold Message Board

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Gold/Mining/Energy : Barramundi Gold

BAM 53.90

-0.9%

Nov 4 3:59 PM EST

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To: D. Bryan who wrote (45)	10/21/1999 5:33:00 PM
From: zebity	Read Replies (1) of 99

Agree 100% the management needs to act on this ASAP. This turn of events is extremely bad for the company. They are trying to force out a director who was (not sure if he still is) the largest share holder in BAM and the main supporter of BAM. It seems that they have acted stupidly in this on the basis of Newmont deal thinking that they could do no wrong unfortuneatly as most long time holders of BAM know things do not happen instantly... Now at a time when the company should be gathering strength and doing a some marketing, their most creditable director is out and they are squabbly over money and payment. I think that this is why there have been big blocks of shares sold at bottom level prices. The more the directors pursue this line the more they are punishing ordinary share holders by ensuring there is no market for their shares, this will all end up being self defeating as except for the current directors most BAM holders are in at a higher price than the current market. I do not know where you are located, I am in Australia and would like to see some kind of open forum for australian BAM share holders as it is not possible to attend meeting called for 29/10 in Canada. Cheers.

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