BNR 2.44% 4.2¢ bulletin resources limited

Ann: Requisition for a General Meeting of Bulleti, page-2

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  1. 1,768 Posts.
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    re: Ann: Requisition for a General Meeting of... What is going on here!

    I thought this company approached Bulletin as genuine investors, backing the present board on it's track record, its achievements, and the value of the project that they have created.

    Now a very different itinerary would appear to be emerging, involving the usurpation of the board that they made those approaches to, and the appointment of their own executive director and associates to take control of our company for their own ends.

    And what is going to happen to Bulletin's mining asset once this other company has control of the board? Do we lose it and end up as shareholders of an empty shell?

    The only positive aspect I can see to this development, is that it speaks very highly of the value of Bulletin's Lamboo Gold Project. Otherwise, why would others hazard their reputations in order to try and get hold of it?

    I am appalled that this sort of thing still goes on here. As if this market wasn't difficult enough, without vultures tearing at the flesh of the still-living!

    All that Bulletin needs is for this mining downturn to play out for another six months and operational costs to come back down to reality, and they will be in production, to the benefit of ALL shareholders, not just the current opportunists.


    (Do not act on anything I say though. I am not a financial adviser and this is not investment advice)
 
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