"I will be voting in favor of the warrants. I know that the Company has screwed over its shareholders through a series of bad financial decisions. That is clear"
So why go along with it Retiredyoung ?
I didn't say I would be against dilution for a good cause IE; Drilling and development etc...
A line in the sand must be drawn,imo.
Believe it or not ,there are plenty of mining executives available that would be happy to take the reigns of Galena. Private Placements with accredited investors can raise capital. In Fact ,had the company taken my advice months ago ,we would strategically have NO DEBT and a less fully diluted share structure . They were protecting executive comp.,... imo.Extending a loan, royalties,interest ..etc etc ... Absolute insider garbage
Please consider voting these Directors out and finding new equity finance. We have likely,... one last opportunity.