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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: Eva who wrote (2219)11/23/2005 3:09:36 PM
From: DetectiveT  Respond to of 78408
 
Eva,

I just told CD on his thread that I will call tomorrow.
Too sick to do it today.

Recently, an investor friend and my self lit a "fire under the ass" of the CEO of a private company (that we made a significant minority investment in) by offering some constructive criticism. After a bit of shouting with us and consulting with another insider, this hardheaded CEO has changed his management style somewhat for the better.

One corporate lawyer I know said that you have to "badger and hound" these CEOs as you suggested!

I will post the results of my call.

Thanks,

Terry



To: Eva who wrote (2219)11/23/2005 3:43:27 PM
From: I_C_Deadpeople  Read Replies (2) | Respond to of 78408
 
Well, RR is himself a significant shareholder and I would guess that a good percentage of the current shareholders have no issue with his approach - it is tried, true and proven. He is methodical and he does not waste money. I think we have all seen far too many juniors that have a high 'burn rate' and end up just dipping into the dilution well.

If you are a shareholder of an RR junior you have to be patient.


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