49 North Resources Inc V.FNR

Alternate Symbol(s): FNINF

Financial Services Asset Management

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

49 North Resources Inc

Bullboard Posts

Post by currency24on Jul 17, 2013 10:39am

368 Views

Post# 21612672

FNR's MGMT/Board - Stock Options for Failed Investment Model??

I see FNR MGMT and Board decided its time to remward themselves and staff and Advisors??? use that term loosely - 900,000 options for Board and Executice Officers??? and balance, 217,000 options to employees and etc. for their FAILED INVESTMENT MODEL ( refer to performance and investments) for 10 years at 30 cents.

FNR's MGMT and Board and staff should get ZERO Bonuses and Options for they have FAILED with their Investments and Investment Model.

All the above in my humble opinion and based on FNR's documented Poooor performance and Failed investments.

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