RE:RE:RE:RE:Ross McElroy stakes new ground in SaskatchewanUranium308, There has been full disclosure. Dev and Ross have made it clear that the plan is to go slow, and wait for a turn around in uranium prices. This, along with golden parachutes, will ensure their salaries and benefits continue while everyone, including CGN, wait a few more years. Obviously FCU shareholders have decided to sit it out along with Dev and Ross or they wouldn't have bought in. Isn't the hallmark of good management the ability to multi task?
Uraniuman308 wrote: Selling shares, staking new ground looking for base metals while employed by FCU and selling the prospective land claim to IRC complete with a new position in said company!!! Are they throwing the towel in on FCU knowing uranium is dead money for longer than we all think? Do they know something about the updated RE - is is not as good as many are speculating?? Do they know something we don't about the geology of the deposit - is it mineable??? Such bad optics and this would never be allowed to happen with an independent board. How can these individuals be effective while running 3 companies??? Unfortunately shareholders have no recourse as Dev and Ross personally control this company with management and board positions while protecting their jobs with a bs "change in control" provision.
ALTACRUDE wrote: Totally agree, how can you take $500,000 a year from two different companies and not be committed to them relative to any prospecting you do. This is fundamentally wrong and warrants legal action by both FCU and FUU.