Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Silk Energy Ltd SLKEF

Silk Energy Limited is a Canada-based resource company. The Company acquires undervalued oil and gas assets in Kazakhstan. The Company, through its subsidiaries, owns a 50% interest in the KMG Ustyurt license (Ustyurt). The Company focuses on exploring and developing Ustyurt, an onshore oil and gas concession comprising approximately 6,500 square kilometers in the Caspian Sea region of the Republic of Kazakhstan.


GREY:SLKEF - Post by User

Bullboard Posts
Post by victor2009on Oct 25, 2010 2:24pm
445 Views
Post# 17608299

Insider Activity

Insider ActivityLooks like there's been another round of options granting. 

Oct 22/10 Oct 21/10 Davis, James Edward Direct Ownership Options 50 - Grant of options 250,000
.240
Oct 22/10 Oct 21/10 Brugh, Herbert M. Direct Ownership Options 50 - Grant of options 250,000
.240
Oct 22/10 Oct 21/10 Miller, David Randall Direct Ownership Options 50 - Grant of options 250,000
.240


Some companies grant options once a year. ISM seems to be at it frequently. Anyone have any information on why Miller would get 1,000,000 in March, 1,000,000 in August and this 250,000 now? In 2009, counting options granted to Elaine miller who to my recollection has no function in the company, Miller got 700,000 in March and 400,000 in June.

Over $1 million in management and director's remuneration in the last reported nine months seems rather hefty for the level of activity apparent in the financial statements or operations updates.
Bullboard Posts