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Lomiko (LMR: TSX-V) to Complete 43-101 Report on Previous Drilling at the Quatre Milles Graphite Property *CLIENT* Read More

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McLaren Resources (CNSX:MCL) Drills 7.0 Grams Gold Over 7.4 Metres at the TimGinn Property Located Adjacent to the Hollinger Mine *CLIENT* Read More | Watch Beyond the Press Release

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Message: Gutnick resigns as chairman of Royal Roads and Acadian Mining

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bigphos

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Joe is too busy with LGDI and NADL

in response to Re: Gutnick resigns as chairman of Royal Roads and Acadian Mining by petrescu

posted on Feb 09, 10 08:02AM

Seems to me that Joe G is way too busy with LGDI and possibly NADL to spend much time with Acadian Mining and Royal Roads.

Both press releases stated:

Mr. Gutnick advised the Corporation that his other business commitments prevent him from being able to devote sufficient time to the Corporation's affairs at this time.

Being that it is the middle of winter in Canada, they're probably not doing much mining there anyway.

Also yesterday Attara filed with the ASX that it now only holds half of its previous mentioned holdings in NADL which is still over 5% of the company. Attara apparently sold that huge block(120 million shares) to Deutsche Bank back on February 2. Why Attara would invest almost $12 million into NADL and then sell off half of its' position two months later is not known.

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