Both you and Zhenli have legitimate points. There is no objective way to gauge a fair resolution given how twisted this whole thing was. Auryn saved us and screwed us. Depends how you look at it. They could have buried us, so in that sense they saved us. Shareholders could have blocked the sale to Auryn by exposing the share fraud BEFORE the sale took place. So we could have screwed them but we did not. It was well known that there was something very wrong with the share count, evidenced by bald eagle and others threatening a share audit. The shareholder tallies never made sense as I and others pointed out. The problem with us exposing the fraud and screwing over Auryn from obtaining the property would be that we would in essence screw ourselves at the same time.
So in conclusion, I will have to lean to the side of Auryn saving us more so than screwing us. It was a total cluster f**k of a situation and Auryn did what they thought was the most fair resolution. If they are able to be successful in taking this company off the pinks, JV'ing with some legitimate partners, and start cashflowing the high grade gold immediately than I think we should all be greatful in the end.
What rubs people the wrong way a little bit though Rick is that no one likes to talk about this from a balanced perspective. You can't sell us that Auryn didn't have high suspicions that the share count was messed up. These aren't stupid people. Bald eagle and others knew it and so did Maurizio. When I say knew, I am not saying literally as in checking with the TA, because doing so would have jeopardized the deal. You don't think they knew? Puuuu leaseee. They saw the share dumping after they are and their associates bought in before the Sr. Letts announcement. All of a sudden after the sale agreement happened, Goodin just happens to decide to call up the crooked TA? Why wouldn't that smart lawyer Gary Goodin or Kevin Tupper, or other large share groups demand Greg Chapin, Vital, Tenney to contact the TA and get the real share count? Didn't Sr. Letts fail to uphold his fiduciary responsibility just as Greg Chapin?
I'm not arguing your point, but keep it balanced. Its pretty clear exactly how this unfolded and I am willing to admit that it HAD to be this way or we would have screwed ourselves along with Auryn. Let's not act like though Auryn were innocent victims here and are pure saviors. They wanted the property and capitalized in a savvy takeover without letting the downright fraud of Medinah preventing them from achieving their ultimate goal. Kudos to them for not completely screwing us over and Kudos to Kevin Tupper for knowing we had to hitch our wagon to there's because screwing Auryn would be screwing ourselves.
That is the truth like it or not.
