Dugsab. With due respect, would you please tells us what conclusion that you drew from this and its relevance to shareholders today?
There was no decision against the proposal other than to say it couldn't go ahead without shareholder approval, which, surprise, surprise, they got a month later and it all went ahead.
All it tells is that Bizzell and Anton are down around 80% on their shares, but not their CONTROL over that $650 million gold, when all those shareholders at that time are now literally down 100%.
Frankly, I don't think they give a shite about the "value" of their shares, or anyone else's, they are just using them as a mighty tool to maintain control over the company and to enable them to continue doing these financial deals to their and their associates' advantage. THAT's their job!!! Their professional expertise!!
They are not "miners"!!!
LNY Price at posting:
0.3¢ Sentiment: None Disclosure: Held