RE:Advisor says waiting for better takeout offersWow - pretty unfuriating listening to that interview. SBB was stolen out from under us, according to David Erfle who sounds like he knows what he is talking about. Speaking of infuriating, pp. 51-52 of the Information Circular describes what the senior officers of SBB will receive by way of compensation if the deal goes through - 24 months base salary and bonuses if they are terminated as a result of a change of control, and Nicole Hoeller has the option of resigning, in which case she will receive a lump sum of 24 months base salary and bonus. I wonder if they get bonuses for the SBB share price rising to the takeover price. So basically if the deal goes through, Bruce, for example, will walk away with about $4 million in SBB shares (which will be converted to BTO shares unless he sells them), he will get 24 months lump sum severance (another $1million+), he will be paid out whatever bonuses he is "entitled" to, and he doesn't have to worry about what happens after that - why we he work his butt off for the next two years building the mine, when he can pocket 2 years' salary instead? Well, other than the fact that he told us all that he was committed to doing just that, and many of us believed it, which is going to mean that many of us lose our shirts while the senior officers do very nicely for themselves regardless. Anyway, maybe that is the explanation we have been looking for. If you want to hear an impartial assessment of how "great" the BTO deal is for SBB shareholders, the Erfle interview is worth listening to.