Options...Who Know What?About options....I see the retards have been moaning about options from their holes....Downer et al have been spouting off about options...all they know is...who got how many...and nothing else....
They don't know what is behind the options ....I can tell you...these are not gifts...they are Performance Options....Bob and Graham have to move the company (YNG) forward, and show profit.. The actual performance clause are confidential and have been set by the Board of Directors..
Myself and a few other stockholders I talk with...they don't mind these options....we all win, Bob and Graham, the company, and the share holders.....
Downer and other Negative Nellies...if you have a problem with these options, and if you think they are illegal....go to the regulatory authorities and cry there...or like sell off what you hold, and move on......because you guys look like characters out of idiotsville.
One of these performance factors could be, bring the mill at Jerritt Canyon up to a production and steady state of 150,000 oz. of Au per year. Which is pegged for July 1st, 2010
Right now, the company is busy making gold and not running around trying to put out fires...
Downer....I have you on "IGNORE" because of your total Negative Idiot Attitude about YNG
Now, about the options Bob and Graham got...here is some information provided to me from YNG...I got this because I called and asked for it...if you ask...you get
"The incentive options were granted on March 12th, 2010 at an exercise price of
.32 for five years. They will no vest until the incentives are met."
So Downer...if you are going to yap yap ....get all the facts first ..... Richard