American Bonanza Gold Corp ABGFF

Salaries

[Majerle]

So did all the directors announce pay cuts?  It's the only way any of these terrible junior companies are going to survive the drop in the gold price.   I've owned this stock since it traded at this pathetic level when gold was at $250.00.   Now with gold at $1,200 it's at the same level, though Kerwin's getting $275,000 a year and I'm sure all the other directors are getting their compensation.  Their financing with Superna will at least keep them getting paid while shareholders lose, lose, lose.  When will these guys realize that not only are the long term venture shareholders been forced out of the market due to losses, that no new shareholders are even considering getting in.  No old money and no new money means no more money.  Kaiser predicted 1/3 of all TSX venture companies will fold their tents.  At this gold price I'd say half or more will be done.

[Smiles48]

See the message there, all were voted with more than 90%, so they have perfect control of the faith of this company, they don't need us and don't want us.  The results of the new dilution will be of the same magnitude (unfortunately). They will have a producing and a very profitable mine in a short time period, believe me it's all in their advantage to get rid of us and start