Put up a 120 day chart and it's plain as day that on May 11, the day that CEO Barnes abruptly resigned, the SLW trading pattern has changed dramatically. Typically SLW has traded at 2X the % move in SLV. Since May 11 it has reversed.
Clearly there is something going on with the company that we rank and file shareholders do not know.
Typically in a circumstance like this the company will release a filing stating the terms of the separation agreement and sometimes shareholders can read between the lines after comparing it to the employment agreement. The company has disclosed no such terms. Does anyone know why? Are Canadian companies held to a different standard?