RE: RE: RE: Compensation of Mgmt. Hopefully my numbers are right, but lets take a look
Barrick Gold CEO Aaron Regent pulled in a yearly pay of 24.2 Million bucks in 2009 I think he is close to the high 30's for the past year!!
Barrick Golds outlook for 2011 productions was approximately 7.6 to 7.8 million oz gold
and 450 to 460 million pounds of copper!
Lakeshore Golds big boss Tony Makuch pulled in 4 million bucks in 2011.
Lake shores production 86000 oz gold!!
so just by looking at numbers based on the 2009 salary and the 2011 gold oz produced, Barrick paid their boss roughly 3.1 million for every 1 million oz of gold poured
|My numbers may be off by a bit but BOTTOM LINE TONY IS GETTING PAID TOOOO MUCH for what he has done!
Tony just start running the 6 gram per ton ore through the mill and get the shareprice back up to the 4 dollar mark!!!