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Vanadiumcorp Resource Inc V.VRB

Alternate Symbol(s):  VRBFF

VanadiumCorp Resource Inc. is a Canada-based critical metals company. The Company is engaged in the acquisition and exploration of mineral properties in Canada, with a primary focus on the exploration of the Lac Dore and Iron-T Properties in Quebec. The Company produces a stream of quality vanadium electrolytes for Vanadium Redox Flow Batteries (VRFB). The Iron-T Property is located in the Nord-du-Quebec administrative region in the Province of Quebec, approximately 15 kilometers (km) east of Matagami and 780 km northwest of Montreal. The Lac Dore Property is located approximately 27 km east-southeast from the City of Chibougamau, in Eeyou Istchee James Bay Territory, Nord-du-Quebec administrative region, Province of Quebec, Canada. The Lac Dore Project comprises two claim blocks, referred to as Lac Dore Main and Lac Dore North. The Lac Dore Main claims cover an area of 648.82 hectares (Ha), and the Lac Dore North claims cover an area of 4,637.87 Ha.


TSXV:VRB - Post by User

Bullboard Posts
Comment by skarn1on Jul 27, 2013 6:48pm
133 Views
Post# 21634765

RE:RE:RE:RE:Brian Adams options

RE:RE:RE:RE:Brian Adams optionsI believe there is no set rule on exactly how long before the options of someone who is no longer with the company looses the options. I hear anywhere between 3 to 5 months could be reasonable. I also think (but don't know for sure) the a new incoming board could cancel all the previous options and let the former directors, Ceo's and Brian Adams make a case to the SEC why they should be entitled to keep them. As the share price of PC won't turn around until this crew has been replaced, I don't think they would have much of an arguement for being entitled to them. Just my opinion. It is also my opinion that if Pat complained about loosing his options, once it was disclosed how outrageous management expenses were in relation to monies spent on exploration that the SEC would laugh him out of their offices. It certainly appears like Brian Adams large option package was to encourage him not to ask too many questions of Pat and about company expenditures. After the AGM he needs to be gone, just like the rest. 
Bullboard Posts

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