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SNIPGOLD CORP V.SGG

"SnipGold Corp SnipGold Corp is an exploration stage company. The Company is engaged in acquisition and exploration of mineral resource properties in British Columbia, Canada."


TSXV:SGG - Post by User

Comment by imerc23on Oct 10, 2013 9:10pm
207 Views
Post# 21808891

RE:slyder-exec comp

RE:slyder-exec compThanks for the link, geodcan. Yeah, $200K is the correct figure for JZ's salary last year, at least as far as the Fiscal 2012 financial statements which are posted on SGG's website. That's more dough than I take home I assure you, but it doesn't seem out of line for a company president. It's also fair to state that JZ has ploughed a fair bit of that income back into the company. He participated aggressively in the share offerings of Dec 2011, July 2012 and Dec 2012. So he's got lots of skin in the game and is very motivated to see the company succeed. It's true, as you say, that the company has not kept investors very informed this year. However, I've gone through their materials and pulled together some notes that I posted a few minutes ago (sorry for the weird formatting when I copied and pasted my notes into the Stockhouse posting form). I believe that JZ is now employed on a part-time basis, but I haven't found any details of the arrangement.
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