Parallels
with the HudBay / Lundin case
Read recent news in Canadian paper and websites about HudBay / Lundin
ruling. This news coverage specifically mentions the opinions that
Management Insiders made moves against the interests of shareholders.
http://www.google.com/search?hl=en&q=hudbay+lundin+merger+base+metal+properties+&btnG=Search
The HudBay / Lundin case has eerie (clear) parallels with what we see
with Campbell. There is clear precedent here –
Corporate Boards actually do act this way sometimes (as much as our
resident Shills like Meggy deny it).
Hey Meggymoo (from the Investor Village public message board), how come
you never answered our posts where we asked for you to comment on the
reports that most of Campbell’s Board members have resigned
recently?
Nuinsco and Victory Nickel own a large number of low grade
base metal properties. Recent drill results from
Nuinsco’s properties have been under-whelming
and not
spectacular (a bit of a disappointment). One
recent drill result report for a Nuinsco property had copper grades
about 1/10 the grades at Corner Bay (UN-economic grades at
today’s metal prices).
How
convenient it would be for Nuinsco to merge with Campbell, and then
suck out the profits from Campbell’s high grade (profitable)
mines, to help finance the other two cash-poor companies.
The press coverage of HudBay / Lundin also suggest that companies with
Base metal properties are using tricks and deception to get their hands
on the “the good stuff” (properties with high
profit gold mining operations).