I am also voting NO to the sale of Maitland and have sent my...

I am also voting NO to the sale of Maitland and have sent my proxy form in today. I also bought many more shares because of the announcements and boardroom radio assertions and am now facing a HUGE loss.
I was totally shocked when the announcement of the sale to KZL came out.

Another reason for buying GGY shares was that I realised if KZL were that interested in Maitland and had increased their holding to just under 20% they must know from the initial drilling results that there was a very good chance of finding a highly profitable resource……and that seems to be the case.

We were also given the impression that KZL was there as a majority shareholder
to help realise the mine’s potential. How wrong I was !!!!

Now that KZL has pulled the rug from under us with the help of a compliant GGY board of management …what lies ahead in the future ?
More of the same, I feel.

Quoting from the 10th June sale resources agreement with KZL…

“Glengarry is delighted with the ongoing support it has received from Kagara, which
has advised that it looks forward to continuing to support Glengarry as a
substantial shareholder.”

I don’t know about you, but that doesn’t make me feel very warm and fuzzy !!!!!