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Luna Gold LGCUD

Metals & Mining Gold Industrial Metals & Minerals
Luna Gold Corp was incorporated under the laws of the Province of British Columbia, Canada, on June 24, 1986 under the name Belcarra Resources Ltd. The Company is engaged in the business of mineral exploration, mine development and mine operation. It explores, develops and operates gold properties in Brazil. The Company currently has one producing gold mine, several brownfields exploration projects and several exploration projects located in the Luna Greenfields district in northeast Brazil. The


OTCPK:LGCUD - Post by User

Luna Gold
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Comment by mining4dollarson Sep 27, 2010 8:18pm
633 Views
Post# 17498875

RE: RE: RE: New CEO = 5,000,000 stock options

RE: RE: RE: New CEO = 5,000,000 stock options5 million sounds like a lot, however the company has in excess of 359M shares out at present of which 5 m options only equates to about 1.4% of issued and outstanding..... this is well within the "normal range" for executive compensation for mining companies of this size..
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