GREY:NDXFF - Post by User
Comment by
rborhion May 18, 2010 3:29pm
325 Views
Post# 17110597
RE: RE: Directors and their new options - what BS!
RE: RE: Directors and their new options - what BS!Ok, I see the part of the NR you refer to:
The Company has also agreed to grant options to purchase an aggregate of 1,950,000 common shares to directors, officers, employees and consultants of the Company. The options can be exercised at
.32 per common 
for a period of five years from the date of the grant.
It doesn't give the breakdown of who gets how many, but hopefully Neil, employees and consultants get a good share, and not the directors and officers if they are the ones who have been selling.
If they get 100 million tons of coal under reserves, i don't see how the stock could be held down. That is about $20 Billion dollars worth of reserves with a coal price of $200/ton.