
Friday, June 21, 2013 11:33:29 AM
2. One disturbing thing is that apparently Ryan and Crosby were put on the board and then terminated soon after. It must be tough to find skilled people who will work for no salary like he does. Apparently others were let go in 2005-06?? He apparently lacks patience to deal with people who are not as sharp as he is or less honest.
3. I had a lot of contact with ex president of Independence lead (Bernard Lannen) who was a little different. He took the time to answer a lot of my stupid questions and was extremely concerned with the small shareholder. Bernard was almost too good to be true(like jimmy stewart character in" Mr Smith goes to Washington". He spent hours trying to track people down in order to remind them of possible forgotten shares in ildm they had. I wish he was still an active in managing or board representation of a company although he would be (79?) today.
4. For a small fee($3) Mr Lannen sent me a copy of their case against Hecla Mining. I remember telling him at the time that higher base metal silver prices would take care of the dispute. Unlike Independence -Chester has a choice of 4% nsr or 20% of net profits for the areas of the sunshine mine which avoid any similar legal problems. Indpedence lost their appeal before the Idaho supreme court in April 2006.
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