OTCQX:DMMIF - Post by User
Comment by
The_Alchemiston Jan 05, 2020 2:59pm
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Post# 30520023
RE:RE:RE:Mr. Cough 2
RE:RE:RE:Mr. Cough 2This is from another B.C. Supreme Court ruling, on a breach of fiduciary duties by the CEO, and director.
In determining damages, the judge indicated compensation was based on evaluating “the opportunity it lost” and silver prices had the “greatest effect on the ultimate outcome” on compensation. “The opportunity lost can be very significant in mining which is even more noteworthy,” says Leblanc. “This was not just a minor transgression — this was intent to abscond with an opportunity that rightfully belonged to the company. That’s very significant.” https://www.canadianlawyermag.com/news/general/b.c.-mining-company-wins-90-million-award-against-former-director/268987