RE:Re: compensationLong,long time fan. Hard to find a harder working guy. I agree. However, his buddy and partner at sic, Tim, gets by on a cap of 10% of the shares outstanding for options. And he's probably up over the gum boots in mud and slush armed with his pick and shovel, shoulder to shoulder, with Steve. Seems 10% is plenty for every other company I'm aware of including companies with a much larger team , and across every industry, each taking a slice out of the meager crumbs of 10%. Just sayin.
AuAgLi8 wrote: -I haven't looked at proxies yet but my immediate response is Steven Stares does work extremely hard and is working to increase shareholder value. I think its important that He makes a lot of money and if He does we all do.
-Options are incentives to performance.
-The amount of options are set by the Directors , sometimes a little self serving but its the way it is.
-I might comment further when I read things over .
-In the meantime I suspect Steven Stares is in crappy weather in Newfoundland , away from His immediate Family, coordinating bad drilling conditions and waiting for core from The Kraken.
-All I know is if The Kraken becomes a monster lithium deposit all will be forgiven.
-Thoughts on a Saturday morning.