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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Ronald J. Clark who wrote (13112)	9/19/2002 7:47:59 AM
From: jim_p	Read Replies (2) \| Respond to of 206131

Ron, They owe a duty to the shareholders represented by the ADR's, but the reality is time will not permit anyone to exercise their rights. The proxy has to go through the following: 1. The proxy goes from the company to the printer. 2. The printer sends it on to the stock transfer agent. 3. The stock transfer agent then sends it on to the registered holders (In our case it goes to the broker). 4. The broker then mails the proxy to us and then we vote our shares through the broker (on-line). 5. The broker sends our votes on to Citibank as agent for the ADR's. 6. Citibank then votes the shares based on the votes received by next Tuesday??? (none) Citibank gives it's proxy for the shares not voted to PGO management to vote as they please. The odds of us getting to vote are about one in a million. ADR's are 50% of the shares. End of meeting.