YRI Needs to mine newly foundresource.------------------------------------ The current stock price opens up huge opportunity for YRI mining it's own stock. At the current share price, how can YRI go wrong by re-purchasing it's stock?
CEO Peter Marone, recently stated that YRI was conducting air and ground geophysics of the TSE, NYSE and the LSE in order to determine the profitability of mining YRI shares; therefore, determining if Peter, exercises his remaining options.
https://people.forbes.com/profile/peter-marrone/87817
Peter Marrone
Chairman of the Board and Chief Executive Officer
Toronto,ON
Sector:BASIC MATERIALS/Gold
Officer since July 2003
51 Years Old
Peter Marrone ? Chairman and Chief Executive Officer. Mr. Marronefounded Yamana as President and Chief Executive Officer of Yamana inJuly 2003. Mr. Marrone was appointed Chairman of Yamana in May 2007. Mr.Marrone has more than 25 years of business and capital marketsexperience and has been on the boards of a number of public companiesand advised companies with a strong South American presence. Mr. Marroneholds a Bachelor of Laws degree. Prior to Yamana, Mr. Marrone was thehead of investment banking at a major Canadian investment bank andbefore that, practiced law in Toronto with significant internationalexperience.
| Salary |
$1,290,807.00 |
| Bonus |
.00 |
| Restricted stock awards |
$3,977,858.00 |
| All other compensation |
$103,949.00 |
| Option awards $ |
.00 |
| Non-equity incentive plan compensation |
$3,880,233.00 |
| Change in pension value and nonqualified deferred compensation earnings |
$728,279.00 |
| Total Compensation |
$9,981,126.00 |
Grant
Date |
All other stock awards (# of shares of stocks or units) |
Number of securities underlying options |
Exercise
or base
price |
Percent of total options granted in fiscal year |
Grant date fair value of stock and option awards |
See More |
| 03/22/2006 |
- |
2,000,000 |
$9.65 |
21.6% |
$ - |
|
|
|
|
|
|
Expiration date |
03/22/2011 |
|
|
Value of options potential value 5% |
$ - |
|
|
Value of options potential value 10% |
$ - |
|
|
Estimated future payouts under non-equity incentive plan awards (threshold $) |
$ - |
|
|
Estimated future payouts under non-equity incentive plan awards (target $) |
$ - |
|
|
Estimated future payouts under non-equity incentive plan awards (maximum $) |
$ - |
|
|
Estimated future payouts under non-equity incentive plan awards (threshold #) |
- |
|
|
Estimated future payouts under non-equity incentive plan awards (target #) |
- |
|
|
Estimated future payouts under non-equity incentive plan awards (maximum #) |
- |
|
|
|
 |
|
|
| Number of securities underlying options exercisable |
2,030,000 |
| Value of unexercised options, currently exercisable |
$6,774,300.00 |
| Shares acquired on exercise |
900,000 |
| Value Realized |
$9,624,900.00 |
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