RE:RE:News- NovaCopper Announces Election of DirectorsNCQ is a spinoff from NovaGold which has 11 directors who are, or have been, directors of major companies that have had joint ventures or funding events; Barrack, Placer, Newmont and like that.
Notes to NCQ's recent financial statements show NG providing services to NCQ and vice versa. So I would suggest that rather than NCQ carrying 11 directors; NCQ is the entity being the carried. And rather than a "money drain" they have financial and advisory experience that we shareholders should appreciate in this fiscally arid climate.