What you say is fair comment.As we dont know the the details of this matter and we will never know what they are to be the truth it is not easy to form an accurate opinion. Having been involved in this company since 1992 I have learnt a great deal about this person and the directors and not one of them you could trust to be honest.Nothing they have ever done has benefitted TKG s/holders. In 18years and $50 mill not one ounce of gold has been mined or sale made in Matchtip.Issued shares went from 250mill to 3bill. The reason for the take over offer and the current matter is the result of the incompetance of the directors of TKG. They never finish what they start.They have proven that over 18 years.Chile is a big money earner with huge potential and should have been producing by now.While TKG have anything to do with it it will never get off the ground.
RH was a director long before TKG took an interest in Hampton so it was a matter of time before Bill Howe got fed up with RH`s breaches of agreement.
Too sum up,while RH has anything to do with TKG you will not see a return of your investment.YOU need a brand new board of directors to take control of the company and to work in harmony with other parties in joint venture arrangements They have some very good properties and it is a shame they are being left idle. You are right that MNC are the big winners. they took advantage of an opportunity that RH was incompetant at protecting and has been forced to take action.
Hopefully at the end of all this something positive will happen for s/holders of TKG.I hope it does.
TKG Price at posting:
7.4¢ Sentiment: None Disclosure: Not Held
