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Magellan Minerals Ltd MAGNF

"Magellan Minerals Ltd is an exploration stage company. The Company along with its subsidiaries is engaged in the exploration and development of mineral properties, with a focus on gold properties in Brazil."


OTCPK:MAGNF - Post by User

Comment by TrueGoldon May 08, 2012 1:14pm
142 Views
Post# 19885406

STOCK OPTIONS

STOCK OPTIONS

Holy moooolleee. These guys gave themselves another round of stock options. Wow I wish I could get rewarded for a terrible job. The stock drops from $1.90\share to .19 cents and management rewards themselves. What a bunch of garbage. What a joke that is. Lets give ourselves another 2.4 million options that we can sit on for 5 years and not have to lay out any money until we exercise. We deserve that over and above the pay we get from the company. Reminds me of the bums at Goldman Saks.

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