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When will the BCSC lift the MCTO? My guess is by the 15th of August. Bureacracy rules! PK et al. better have smashed their Miss PIGGY banks and buying all they can at these fire sale prices. Amazing how she got to be CEO of the year?????????
We should turn Century into a reality survivor TV show. The ratings would rocket through the roof!
If you are lucky to survive everything else in the market your reward is to face PK in a cage match or back alley fight? lol
The following is from a newspaper story in 2005:
" Power suited Margaret Witte, the uncompromising former CEO of Royal Oak Mines Inc., decided it was easiest to get to the top by owning the firm. Beginning in 1986, she built Royal Oak into a player in Canada's gold mining industry, wringing unlikely profits from unpromising mines. But it was her take-no-prisoners approach that turned heads. Within weeks of taking over the Pamour Group of mining companies in 1990, Witte fired 100 of the 800 staffers. Her labour practices led one B.C. union leader to say, "I don't think…[we] want that kind of an employer here." In her words "You tell me what benefit there is to shareholders to having glass panes in your window with gold flecks in them." —In the midst of a takeover attempt of Lac Minerals Ltd. in 1994, Witte warns that, if successful, she will sell their corporate jet, close their Toronto office and fire execs "
It is quiet. Those dopes were supposed to report that they have received the bridge financing of $5 million, but instead... radio silence. They'd better have some good news out before next Tuesday's call.
4 comments:
Was she the only one entered?????
Mike..........LOL
We should turn Century into a reality survivor TV show. The ratings would rocket through the roof!
If you are lucky to survive everything else in the market your reward is to face PK in a cage match or back alley fight? lol
The following is from a newspaper story in 2005:
" Power suited
Margaret Witte, the uncompromising former CEO of Royal Oak Mines Inc., decided it was easiest to get to the top by owning the firm. Beginning in 1986, she built Royal Oak into a player in Canada's gold mining industry, wringing unlikely profits from unpromising mines. But it was her take-no-prisoners approach that turned heads. Within weeks of taking over the Pamour Group of mining companies in 1990, Witte fired 100 of the 800 staffers. Her labour practices led one B.C. union leader to say, "I don't think…[we] want that kind of an employer here."
In her words "You tell me what benefit there is to shareholders to having glass panes in your window with gold flecks in them." —In the midst of a takeover attempt of Lac Minerals Ltd. in 1994, Witte warns that, if successful, she will sell their corporate jet, close their Toronto office and fire execs "
Sure is quite around here lately, anyone still holding any?
All that gold and no value in our share price.
It is quiet. Those dopes were supposed to report that they have received the bridge financing of $5 million, but instead... radio silence. They'd better have some good news out before next Tuesday's call.
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