I think I am voting yes. The offer made by Yamana was a disgrace. It was a slap in the face to all RNC investors who know the true value of the assets.
Unfortunately, a vote AGAINST the offer is a vote FOR the current RNC management. I do not trust these jerks anymore, and I would rather the assets go to a company that can realize their value.
RNC management proved to be incompetent. They never could meet their OWN goals, they ran the stock into the ground, and then they sold their stock holders down the river. The offer of .12 Yamana shares is terrible, but I do not think we have a choice. It is a shame that they could not make a reasonable offer of maybe .16 shares. Current Yamana share holders would not have noticed the difference, and RNC share holders would be a lot happier.
