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FlatEarthSoc

08/23/11 11:20 AM

#106992 RE: show-da-money #106986

•Aug 30th is the record date that determines whether or not you receive the mailer

•The packet is being mailed out on Sept 15th

•Oct 6th is the meeting date



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jfburk

08/23/11 11:20 AM

#106993 RE: show-da-money #106986

I am not reading it that way at all

I am reading that some here are of the opinion that Aug 30th is the shareholders meeting date. If it is then shouldn't we know by now where and what time it would be?



August 30 is the date of record meaning that shareholders on that day will be getting the Director's Circular and be invited to the shareholder meeting which will be October 6.

As I stated, I doubt there would be a shareholder meeting if details weren't available about the future direction of the company. That is where shareholders will get their answers.

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webpence

08/23/11 11:25 AM

#106997 RE: show-da-money #106986

"On June 1, 2011, the Company’s 100% owned subsidiary entered into two business development services agreement which provide for an annual fixed fee of $300,000(Cdn) and $240,000.(Cdn) The agreements also provide for reimbursements of all reasonable expenses related to the development and management of the Nemegosenda Niobium Property."

I don't see what's so ambiguous or uncertain about the above quoted text from the recent financials.

That should be sufficient to satisfy investor concerns about the company's ability to continue as a going concern, at least to wait until you receive further details in the circular

I am reading that some here are of the opinion that Aug 30th is the shareholders meeting date. If it is then shouldn't we know by now where and what time it would be?



Your reading is incorrect. The Aug 30 date is the date of record. The circular will be mailed out by Sept 15, and the meeting is already scheduled for October 6, and obviously the details of the meeting time and location will be presented in the circular. http://sedar.com/DisplayProfile.do?lang=EN&issuerType=03&issuerNo=00030522

As far as the amount of disclosure, you are right that your view will prevent one from being disappointed. But, I disagree with that view.