We got our hands on the recent letters that was sent to the Board of Pyne Gould Corp, which proves that there is a widespread concern for the company and it is safe to say that the directors, especially the independent directors, Bruce Irvine and Bryan Mogridge are not in investors good books.
The following one was written by Reese Hart, we will dig into his history sometime in future, who looks to be acting as some kind of representative for a group of shareholders that hold 12% of the shares.
Pyne Gould Corp, Shareholder letter to the Board
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