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.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

49 North Resources Inc V.FNR

Alternate Symbol(s):  FNINF

49 North Resources Inc. is a resource investment, financial, and managerial advisory company. The Company’s principal businesses include investing in a diversified portfolio of common shares and other securities of resource issuers including, without limitation, resource issuers engaged in mineral or oil and gas exploration and development, with a view to achieving capital appreciation of the portfolio. It invests in all sectors of mineral exploration as well as oil and gas exploration and production around the globe. The Company’s portfolio is comprised of investments that are predominantly Saskatchewan focused on private and public resource issues at various stages of development. Individual projects range from grass roots exploration to near feasibility in the minerals sector and early-stage production of hydrocarbons.


TSXV:FNR - Post by User

Bullboard Posts
Comment by Henmystirsiron Apr 19, 2012 2:42pm
198 Views
Post# 19813476

RE: RE: Being paid too much? Looks that way

RE: RE: Being paid too much? Looks that way

Wow you hit that one correctly mystery. Isn't that just something that he recieves more than all the shareholders combined, something amiss indeed. I really don't think that the ceo is worth all the combined holdings of all shareholders. Put it another way,

$1,236,482 divided by 52 weeks = $23,778. per week divided by 5 days = $4755 a day divided by 8 hours = $594 per hour. I think you would be hard pressed to find employment like that if you didn't have the special "consultant fees" built into FNR. Add in the cfo pay and the two are getting $769 per hour, that is some sugar coating. All in my opinion and probably many of yours. The share price tells the story better than me.

Bullboard Posts