No word from Lori, doesn,t look like she is gonna answer my calls/emails.
If we form a group of shareholders, a coop, like the Maple Group that was formed to buy the TSX, we should put in an offer to buy the company.
If we put in an offer of .06 per share to buy the company, thats over a 100% premium from todays price. I am guessing the Green Party still owns over 50% of the shares, so most likely enough would tender to the offer, and the shareholders will have their company.
When we look at .06 per share, that puts us around $7,000,000 to buy the whole company. If we were to do small scale mining on the Tesoro at 100 tons per day, at a very conservative 1 ounce per ton, you are generating an approx gross revenue of $3,000,000 a month, in ONLY 3 months, you have your money back! In reality, this may be the biggest deal for anyone ever,:).
Everything management has done in the last year or so, may easily be perceived by shareholders as exploitation, when you consider the 100 million PP and the Cueva Blanca giveaway, we have seen no movements from management that may be considered pro shareholder, so there is very little doubt as to why shareholders would not trust management.
