Eco Oro Minerals – Another Tough Gig For The Activists

In the second major week of proxy season, it’s been a tough gig for the activists. Consolidated-Tomoka Land and GAM Holding both saw management slates re-elected, while Wells Fargo’s directors clung on in the face of uncertain odds.

Eco Oro Minerals

A small but interesting campaign up in Canada was also due to climax this week, ultimately ending up with a court-imposed delay to allow management and the dissident to resolve contradictory verdicts from the courts and securities regulators.

The company, Eco Oro Minerals, is one I’ve mentioned before but not covered in depth here. It has a good backstory,...