Sealaska pains or gains???
By Michael Nelson
November 07, 2005
I just opened up my copy
of the November 2005 Sealaska newsletter and on page 3, I read
about Sealaska's sale of the Calder mine. Clearly absent from
the article was how much Sealaska profited from the sale of the
Calder mine? Or did Sealaska make any profit at all from the
sale of the mine??? How about some honest answers to concerned
shareholders rather than stating that "Sealaska President
and CEO Chris McNeil is excited about the opportunity the sale
will bring to the Prince of Wales region."
I do not work for Sealaska,
but if I did, I would encourage my Board of Directors to be more
forthcoming with shareholders, and I have shared my concerns
with Mr. McNeil. If Sealaska lost millions of dollars on the
Calder sale, so be it, but be honest about it, the truth may
hurt, but please be honest with your shareholders.
Oakton, VA - USA
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