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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by cooper90on Sep 30, 2011 4:17pm
258 Views
Post# 19105662

RE: Insiders

RE: InsidersPastafagoli......look at the options granted to all the managers of CMK, look at ownership of Ken Bates over 5% ownership alone. Some of these directors have 500,000 in options - multiple thousands of granted options sitting at $3.50, which means they are all getting ZERO for these unless they perform.

It gives me some hope that as a key director or manager (I mean all of these guys) the main management team have in the millions of options around $3.50 or more or close to this price, as we all know they only make money when vesting at the difference when the stock is above this.......meaning they are all making nothing and or all their options are worthless unless this ship turns around......

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