GUYFF - Guyana Goldfields: An Incoming Proxy Battle
On Jan. 2, 2019 a group of irritated shareholders of Guyana Godfields (OTCPK:GUYFF) initiated a proxy battle to oust the current company’s management and replace it with a new team. To remind my readers, last year John Paulson and a group of large shareholders of Detour Gold (OTCPK:DRGDF) conducted a successful campaign replacing Detour’s management with a new team of managers. In my opinion, we may see a similar scenario at Guyana.
Introduction
Guyana runs the Aurora gold mine in Guyana, South America. Currently Aurora operates as an open pit mine