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ECUADOR GOLD AND COPPER CORP V.EGX

"Ecuador Gold and Copper Corp is a mineral exploration, mining and development company. The Company acquires and explores gold mineral rights located in Ecuador."


TSXV:EGX - Post by User

Comment by Solidsnake10on Feb 05, 2015 1:05pm
90 Views
Post# 23399972

RE:RE:RE:RE:RE:RE:RE:RE:Grant of Options...ser20det

RE:RE:RE:RE:RE:RE:RE:RE:Grant of Options...ser20detOptions like this give incentive for directors and other senior management folks to actually try to do something that will impact the share price. Its essentially a risk free garentee that if he can do something that will impact the share price past 0.10 then he'll earn more money over his base salary... 

Why does he need incentive to try harder at this point ... who knows... or maybe they don't want to spend cash paying his full salary and have granted him options in lieu of salary. Tons of possilbitiies. 
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