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Vantex Resources Ltd V.VAX

Alternate Symbol(s):  VANTF

Vantex Resources Ltd. is a Canada-based company engaged in acquiring, exploring, appraising and developing mining mineral properties. The Company has a 100% in 10 mining cells located in the Clericy Township. Its position in this geological sector is due to its proximity to the Destor-Porcupine fault and the presence of numerous gold occurrences in this sector.


TSXV:VAX - Post by User

Bullboard Posts
Post by riptoron Apr 15, 2012 3:33pm
318 Views
Post# 19796536

Share price won't move

Share price won't move

The share price here is going no where for a while. 

We have to get rid of the board including Wayne.

Look at the recent proxy that was just mailed out - they want to increase the stock option plan by 30%

Just a recap of this board that wants 30% increase. Share price Jan/2011 was about .60 cents

Now it is less than .11 cents

There was almost $400,000 paid out in management compensation and now they want a 30% increase in shareholder options.

++++ How Mr McEwen can even comprehend that this is happening is beyond me, for a guy that takes NO salary++

6,150,000 option based rewards owned by 8 ( EIGHT ) YES I SAID EIGHT, 8 Directors.

Come on People - Get your proxies in before April 26 to vote NO to this group.

 

Remember they say the most important part to a play is the management, the rest will come. From previous news releases we don not get anything happening on the share price.

 

Get rid of management and Wayne who holds 1,000,000 options so Mr. McEwen can get someone in here that can make this play happen. 

Management is the most important and you can see what your share price has done in the last year. -Notta thing, nothing zippo zilch.

Sure some decrease due to markets but not nearly what we ahve sen.

 

Ohh did I mention another 1,000,000 shares available to consultants ???

Come on guys - I think we have a good old boys from Quebec party going on here

 

 

Good Trading Riptor

Bullboard Posts