During the time that you have lots of good things happening, Veris Gold announces management changes. R. Lee Chapman has resigned. I literally want to strangle the board of directors for doing this when the confidence is very low. Anyway, I spoke with two people about this situation Joanne Jobin and Llee Chapman.
Jobin told me that Chapman simply wanted to go back to retirement and that the company cannot control whether someone wants to go back to retirement or not. I do not believe her for one second and I am extremely disappointed that she gave me this bullshit answer.
Then, I called Chapman and he told me that his employment contract with Veris ended and Marland along with the board of directors decided not to continue with Chapman’s employment. Obviously, what Veris did was perfectly legal but I could tell in Chapman’s voice that he wanted to stay.
Like, I said, Veris has the right to do what they did, but I am not happy about it. I just took a check to my broker today for the purpose of buying Aurcana Corporation. If Veris Gold sells off on this new tomorrow, I will probably buy Veris instead even though this really annoys me.
Here is the link to the press release