Thank you very much for making this post. It is great. And thank you also for accepting my offer to start this action.
I know Buccaneer through this ELM thread and he contacted me some 5 months ago for discussing my researches and swapping ideas. But we never met, only by the phone.
While I was posting my research here, many people from HC contacted me by emails then by phone for asking their direct questions; plain people, professional traders, fund managers, private client advisers of biggest broker companies, investors from Europe amongst them. Some are really honest some are dishonest manipulators. Some suggested me to stop posting my research (as they see them stock promotion, but they were the facts), some suggested me to post negative posts. I refused both ways. And I said that I would post negatives if I see them even though I was holding the stock.
Although Buccaneer has more 20 years experience in financial markets and people don't look to be very honest in this market IMO, Buccaneer has been always very honest to me. He is in Perth (I am in Brisbane) and he has more ability to reach to some contacts directly.
So I talked to him yesterday and asked him to take a lead on this matter to stop the wrong doings of this management and give support and strength to Mark Jones and bring Garry Thomas on board again when it is convenient. We decided the join our resources together that "we can all fight for what we believe is the right thing for all ELM shareholders" as he said.
Before this GM anns. happened, I have found some leads that Ian Stalker might be acting in a wrong way in disadvantage of ELM. These news arrived from Europe. When I was working on them, I made some graphics and send them some contacts to verify them if they are true. I still don't know if they are true but I will bring them here in another post.
Then this GM anns. came out and changed my schedule but strengthened my suspicion of Ian Stalker's wrong doings.
While those people are so greedy, trying to get $17m wealth from ELM for each, poor people of Rep.of Congo is beggin to get $12m help from UN. (see the news last year). We have an idea with Buccaneer; we will plan to set up a fund from ELM's pocket (or as shareholders) for helping ROC's people in a way which will be decided later. I will happly pay $100k for this fund when the sp reaches to $7.
Cheers.
"I will VOTE AGAINST 30m share placement and loading of directors up to the eyeballs with ordinary shares and options. ELM is no ones farm! It is a public company
If anyone wants more shares than they deserve for free, they should buy it from the market as we are all doing."
K2P Price at posting:
$2.32 Sentiment: Buy Disclosure: Held