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peter meagher must step down asap

  1. 51 Posts.
    This whole situation is worrying me, so I started asking questions, as I have some very influential friends in the broking industry. The following is something being thrown around:

    “That Peter Meagher and Neil MacLachlan are on the board of Oklo Uranium
    ASX .OKU, Mark Hohnen is a major shareholder in Oklo. Oklo is struggling. Hohnen is trying to get Meagher into the Chairman’s role at EXT to enable a rescue for Oklo. Meantime they are playing into the hands of Niger / EML and EXT is the pawn”.

    You guys should start asking questions about KAH intentions and Hohnen’s friendship with Meagher.

    The Toronto excuse is just a smoke screen, we are being taken for a ride to benefit Peter Meagher and Mark Hohnen… BEST OF FRENDS.

    Peter McIntyre must get DIRTY and OUTSMART these CLOWNS or we will all suffer.

    Kalahari can stick their letter where it fits and Peter Meagher can step down ASAP.

    Peter Meagher is also the only EXT Director to have sold down around 400,000 shares in the last 10 weeks, possibly working together with our capper to scare EXT holders into selling while they keep accumulating under nominee names at ridiculously cheap prices .

    If Robert Buchan is removed I will bet that Peter McIntyre will be next to go.

    Peter McIntyre/EXT has a mole on the team that must go.

    Email EXT at: [email protected] to make it official documentation requesting:

    1. Peter Meagher’s immediate resignation.

    2. $500.000 owed to EXT shareholders by KAH resources.

    Please do your own ringing around.


    Cheers



    PS: From a Kalahari shareholder posted on a UK web forum.

    Thank you to fordtin, great work..


    fordtin - 8 Dec'08 - 14:32 - 973 of 1003

    After searching for reasons why Kalahari see Bob Buchan as an unnecessary expense, all I could find were numerous reasons why several other companies are proud to have him on their board.
    The hot copperites seem to think Stalker could be behind it which seems a reasonable possibility, but I also wonder if Rio could gain anything from his departure?



    Robert M. Buchan, Bob P.Eng.
    served as Chief Executive Officer of Kinross Gold Corporation., the parent company of Echo Bay Mines Ltd. from May 31, 1993 to March 31, 2005 and its President until March 31, 2005.
    Mr. Buchan was the Founder of Kinross Gold Corp. Prior to Kinross, Mr. Buchan participated in the formation of CMP Funds Management Ltd. He served as Chief Executive Officer of Echo Bay Mines Ltd. since January 31, 2003.
    Mr. Buchan has been Executive Chairman ... of
    Allied Nevada Gold Corp. since June 27, 2007.
    Mr. Buchan served as Executive Chairman of Quest Capital Corp. since April 7, 2005
    and Chairman of the Board of Extract Resources Ltd. since April 20, 2007.
    Mr. Buchan served as Chairman of Kinross Gold Corp., from May 31, 1993 to March 31, 2005.
    He served as Non-Executive Chairman of Katanga Mining Limited.
    Mr. Buchan served as Vice Chairman of Dundee Bancorp Inc.
    He has been Executive Director of Quest Capital Corp. since April 7, 2005.
    Mr. Buchan has been Non Executive Director of Extract Resources Ltd. since April 11, 2007.
    Mr. Buchan has been Director of Allied Nevada Gold Corp. since March 1, 2007.
    Mr. Buchan serves as Director of Endeavour Mining Capital Corp.
    He has been a Director of Rockwater Capital Corporation since August, 2004.
    Mr. Buchan serves on Board of the Rainy Mountain Capital Corporation and Art Gallery of Ontario.
    Mr. Buchan served as Director of Dayton Mining Corporation.
    He served as a Director of Pacific Rim Mining Corporation since 2000 and Bcmetals Corp. from May 10, 2001 to October 2, 2006 and
    Kinross Gold Corporation from May 31, 1993 to March 31, 2005.
    He also served as Director of Katanga Mining Limited.
    Mr. Buchan has a Degree in Mining Engineering from Herriot-Watt University in Edinburgh in 1969 and a Masters of Science in Mineral Economics from Queen’s University in Kingston, Ontario in 1971.

    http://investing.businessweek.com/research/stocks/people/person.asp?personId=297181&symbol=QC.TO

    Mr. Buchan told management and employees today, "starting Kinross in 1993 with 25,000 ounces of annual production and building it to what it is today has been a remarkable journey. I am proud of what we have been able to achieve over these 12 years.

    http://findarticles.com/p/articles/mi_m0EIN/is_2005_Jan_10/ai_n8687062

    Mr. Buchan participated in the formation of CMP Funds Management Ltd

    CMP pioneered the creation of flow-through limited partnerships in the 1980s, and between 1984 and 1990, fifteen CMP limited partnerships raised more than $1.1 billion which was invested in the Canadian resource industry. CMP was reintroduced with a small pilot program in 1999, followed by several national issues from 2000 to 2005. All told, CMP has raised more than $1.9 billion dollars through its partnerships and has negotiated more private placements than any other flow-through partnership in Canada.

    http://www.cmpfunds.ca/CMPFunds/Overview/history.asp


    fordtin - 8 Dec'08 - 15:12 - 974 of 1003

    a bit more digging and it seems that Bob Buchan has been involved in several companies subject to mergers and take overs. Hope to find time later to find out how PI's fared during these activities.

    Rainy Mountain Capital Corp. is a Canada-based capital pool company. The Company is engaged in the identification and evaluation of assets or businesses with a view to complete a qualifying transaction. The Company has not conducted commercial operations other than to enter into discussions for the purpose of identifying potential acquisitions.
    http://markets.ft.com/ft/tearsheets/businessProfile.asp?s=CA:RMN.P

    Echo Bay Mines Ltd. Has merged with Kinross Gold Corporation - see Kinross Gold
    http://www.mininglife.com/operations/companydetail.asp?

    Allied Nevada has reactivated the Hycroft Mine and expects to begin gold production in the fourth quarter of 2008, reaching full production capacity in the second quarter of 2009. Once at full capacity, the Mine will produce approximately 100,000 ounces of gold per year. Management of the Company is pleased by the progress that the mine has made towards commencing production on schedule.
    http://www.alliednevada.com/

    Katanga Mining Limited operates a large-scale copper-cobalt project with substantial high-grade mineral reserves and integrated metallurgical operations in the Democratic Republic of Congo (DRC).
    http://www.katangamining.com/kat/about_us/

    Dundee Corporation is primarily a holding company dedicated to wealth management, real estate and resources. Its domestic financial service activities are carried out through its 56% owned subsidiary, DundeeWealth Inc. Dundee Corporation's real estate activities are conducted through its approximate 78% owned subsidiary, Dundee Realty Corporation which operates a land and housing business in Canada and the United States. Real estate activities also include an approximate 18% interest in Dundee REIT, a Canadian real estate investment trust, which owns a diversified portfolio of high quality office and industrial properties across Canada. Resource activities are carried out through its wholly owned subsidiary Dundee Resources Limited.
    http://www.dundeecorporation.com/aboutus.htm

    Quest Capital Corp.’s expertise is providing mortgages in the real estate sector. Quest’s objective is to become Canada’s largest Mortgage Investment Corporation in terms of (i) equity, (ii) loans generated and (iii) profitability.
    Quest’s strategy is to deploy its financial capital at superior rates of return while minimizing risk in the process. The three principles of Quest’s investing strategy are capital preservation, obtaining an attractive yield on lending activities and profitable growth.
    http://www.questcapcorp.com/

    Endeavour Mining Capital Corp. is a publicly traded mining merchant banking company. We provide finance to mining companies to fund their project development, strategic initiatives, and growth and we offer investors a unique way to invest in metals and mining operations.
    http://www.mininglife.com/operations/companydetail.asp?Company=Endeavour+Mining+Capital+Corp.

    Rockwater Capital Corporation. The Group's principal activity is to provide investment management services through its subsidiaries First Associates Investments Inc and Rockwater Asset Management Inc. The Group's activities include Asset Management, Wealth Management, and Capital Markets business. It provides services to individuals, corporate and institutional investors.
    http://wrightreports.ecnext.com/coms2/reportdesc_COMPANY_C1248F100

    In the pursuit of its goals, Pacific Rim merged with Dayton Mining Corporation in April, 2002. Pacific Rim is the surviving corporate entity. Dayton Mining was an international mineral resource company with two significant assets, including the El Dorado gold project in El Salvador -- a project that Pacific Rim believes has the potential to meet its strategic criteria. Dayton additionally brought to the merger its 49% interest in the Denton-Rawhide gold mine in Nevada, the Andacollo gold mine in Chile, which has ceased operating and is currently undergoing reclamation, and approximately US $2 million in cash. In addition to its management and exploration expertise, Pacific Rim contributed to the merged company the US $3.4 million generated from its sale of the Diablillos project.

    Pacific Rim continues to be managed by Catherine McLeod-Seltzer as President and Tom Shrake as CEO. The new board of directors includes, in addition to Tom and Catherine, William Myckatyn as Chairman, and Tony Petrina, Bob Buchan, David Fagin and Paul Sweeney as directors.
    http://www.pacrim-mining.com/s/CompanyInformation.asp

    In February 2007 Imperial Metals Corporation acquired bcMetals Corporation.
    Imperial Metals Corporation is a Canadian mine development and operating company headquartered in Vancouver, British Columbia.

    The Company's key properties are the Mount Polley open pit copper/gold producing mine in central British Columbia, the Huckleberry open pit copper/molybdenum producing mine in northern British Columbia, the development stage Red Chris property in northern British Columbia, and the exploration stage Sterling gold property in southwest Nevada.
    http://www.bcmetalscorp.com/
 
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