Wednesday, August 5, 2009

New board at Carlisle Goldfields

The dissidents prevailed at the July 31 shareholders meeting (mentioned as one of the thre brief items in my entry on this blog on Sunday, August 2) of Carlisle Goldfields.

Carlisle has defined reserves of 412,000 ounces of gold in the Lynn Lake Greenstone Belt of Manitoba. Here's some more information about the geology of it.

The only incumbent director re-elected was Carl McGill, who thus represents the voice of continuity. In a statement, McGill said the usual good-sport stuff: "It was a well-fought proxy contest....Now that the shareholders have made their decision, the new board of directors intends to pursue its vision and to implement plans to achieve the common objective of all - to enhance shareholder value."

The new board members are: Steven Mintz, Bruce Reid, Donald Alexander Sheldon and Frank C. Smeenk.

Those names don't immediately ring a bell for me. I googled the first of them. There exist, unsurprisingly, a number of fellows named Steven Mintz. Though I could be wrong, I believe the pertinent one is this fellow.

The long-running CMKM diamond saga has developed in me some interest in Canadian mineral claims, so I'll keep on eye on this company.

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