Baldy brought the following situation up:
As Baldy mentioned, there are no near term dividends probable (possible?) until all claw-backs are dealt with and a suitable new project funded. Since some of us that have been here a good many years may have a considerable position contained in an IRA or ROTH accounts, it is not too early for discussion and sharing ideas on how this will best be accomplished. When the La Serena project failed to get funded the clear pathway envisioned to “locking down” shares became a little more complicated. Anyone wishing to have an informal discussion of this topic immediately following the presentations please PM me. I do not expect this to be discussed at the regular Informational Meeting since I also do not anticipate a spokesperson for Cerro to be present. I welcome anyone with shares in an IRA that are not attending the meeting to PM me with any thoughts pertaining to this situation. The main theme is that only present shareholders should receive dividends on an undilutable basis. A new project would be freely trading, whereas the “dividend” stock would not.