Edwards is a controlling shareholder, but that does not make him responsible for the actions of the company. His support of the mining projects was under the assumption that the company was properly managed by management (fail #1) who were to be held accountable by the Board of Directors (fail #2). Hate Pierre Lebel, Chairman of III versus their controlling shareholder.
The act of being a shareholder meant Edwards was motivated for III to succeed operationally and financially - which is tied with being a good steward of their operations. He is not responsible for a mining company to ensure they don't overfill their tailings ponds. That is management, the Board, and consultants.
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