Chaco Resources - What's up!

Rather than just post a lot of links to information that most Chaco holders already know about, having talked to a couple of Chaco shareholders I am now of the opinion that someone better than me can fill you in on the current story.

I will post some information obvioulsy so that non holders can get the background information, but I have sent an 'author invitation' out so that he can blog here directly for you.

Apparently just like Tadpole, the shareholders of Chaco have felt the need to create an Action Group to elicit information from the company as they feel they are being kept in the dark about important issues. I think we are going to see a lot more of this type of thing in the future with so many small holders wanting to take an active role in their investments. This group are meeting on Thursday, so I have asked my guest blogger to do a pre meeting blog and if the others agree to it a post meeting blog to update you on whats at hand.

In the past companies had a barrier between them and the investor due to the fact that people dealt via the telephone with a broker and took their advice on what they should and shouldn't buy. With the internet dealing services available these days, the small investor is now much more hands on in their choice of investment, being able to research it and they want to hold the management of the companies accountable in a way never before seen.

Power to the people I say!