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Gold/Mining/Energy : MIRANDOR-MIQ ON MONTREAL
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To: Mike Paulin who wrote (2628)8/23/2000 5:57:02 PM
From: Grant Baker  Read Replies (1) of 2635
 
Hi Mike. Very quiet around here lately.

Received my AGM package today. Financial statements all in French - not much good to me since I am not even a bit bilingual. I get the drift of the income statement, etc., because of their format, but the notes to the financial statements might as well be in ancient Greek! Too bad, some of the most useful information is in the notes....Anyone out there willing to attempt a translation of the financial statements for the rest of us? Maybe just the highlights.....

(Haven't checked the company website to see if there is an English version of the financial statements there, but would be surprised to see that concession to anglophones!)

I think that this is typical of the arrogance of these guys to publish their financial statements in French only - they don't really give a damn about the small shareholders, and never have.

I have half a mind to to vote against the share dilution proposal (ie. not agree to the company issuing more than 25% of outstanding shares to raise new equity) and hope that with all the other small shareholders acting together we might have enough votes to make it interesting! I know that I am dreaming, but at least these guys will know that some of us are pissed off at their business naivete and incompetence!

Hope to see a more lively discussion sometime soon.

Regards.

Grant.
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