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M3 Metals Corp. V.MLG


Primary Symbol: V.MT

M3 Metals Corp is a Canadian listed company. The company's business is to acquire, explore, and develop interests in mineral properties located in North America. Its only operating segment, being the acquisition and exploration of assets. The company's projects include Mohave Mine Gold; Aspen Gold; and Block 103 Iron Ore projects.


TSXV:MT - Post by User

Bullboard Posts
Post by hartaddon Feb 20, 2014 2:43pm
216 Views
Post# 22231328

Shareholder Compensation Plan More in Order

Shareholder Compensation Plan More in OrderHaving sent CEV an e-mail weeks ago now( completely ignored and unanswered) asking them what was management doing re finding a joint venture partner or buyer or if Mark Morabito was still acting for CEV in any capacity, I am scratching my head as to what CEV management should be compensated for doing? The last press release featured on Stockhouse was July last year announcing a new CFO- since then nothing although we have been told by the back door that they have been drilling for hematite. Where would the money come from for the CEV management compensation plan? Speaking as a CEV long the price I paid for my holding was 10 times the share price at the present 5 cents, which has not moved for weeks or months. I think the iron ore resource CEV has is comparable to ADV, although this project was advanced and funded in more
favourable market conditions and when iron ore was more in favour also. ADV though has always had top notch management and with a heavy involvement from Mark Morabito( was he also involved in the sale of Consolidated Thompson to Cliffs Resources?). Now compensation to ADV's Management yes at a $1.90 share price but CEV's management no at a 5 cents share price.   
Bullboard Posts