GGY 2.41% 8.1¢ glengarry resources limited

vote yes or no, page-27

  1. 4,326 Posts.
    KZL would have lost nothing. heres two options for KZL without loosing out.

    They sit and wait like GGY holders on HC sit and wait. Wait for some movement in share price and then sell out when it suits.

    OR. They sit and wait for GGY to feel the pinch and offer them another stab at it. Either way they haven't lost. infact as the major shareholder of GGY they effectively control GGY and could even go as far as demanding board representation.

    KZL do not have to nor need to sell out, the sam as they do not require GGY deposit nor an improvement in GGy share price for their balance sheet going forward.
 
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