Alhambra Resources Ltd. V.ALH

22 cent options for FIVE years??

[Storck]

Skewz me?? What in the....???  Options are supposed to provide a financial incentive to create success in a reasonable time frame. This is a blatant slap in the face to shareholders who have suffered through the nosedive this company has taken. If I'm on the board approving options 5 years out, it better be for 2 bucks a share. This grant to Merrifield shows the company doesn't have much faith that they're going anywhere in the next several years.

[Kid_Scythian]

 When a small company (with enormous potential but down on its luck) wants to bring on board a stellar expert, - what other option does it have?

[can1]

I have to agree with KId. It sounds like a long term but its either they disclose it as 3 year options or they will just keep rewriting those options every year. He knows how the game is played in central asia. Only time will tell

[Storck]

yeah, I see the point - guess I was venting a bit. Options are normally issued at the trading price around the time of the issue so .22 is a justifiable price. Its the 5 yrs that got me - these should have been issued in yearly increments at successively higher prices. If the stock goes to 50 cents in 5 yrs it would be absolutely dismal performance yet he STILL cashes in "