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Surge Copper Corp V.SURG

Alternate Symbol(s):  SRGXF

Surge Copper Corp. is a Canada-based company, which is advancing critical metals district in a developed region of British Columbia, Canada. The Company is engaged in the acquisition, exploration and development of mineral properties. The Company owns a 100% interest in the Ootsa Property, an advanced-stage exploration project containing the Seel and Ox porphyry deposits located adjacent to the open pit Huckleberry Copper Mine, owned by Imperial Metals. The Ootsa Property contains pit-constrained NI 43-101 compliant resources of copper, gold, molybdenum, and silver in the Measured, Indicated, and Inferred categories. The Company also has a 100% interest in the Berg Property. The Berg deposit contains pit constrained 43-101 compliant resources of copper, molybdenum, silver, and gold in the Measured, Indicated, and Inferred categories. Both the properties cover an area of approximately 125,499-hectare contiguous land package located in central British Columbia.


TSXV:SURG - Post by User

Comment by DrillMonkeyon Jan 27, 2022 2:50pm
149 Views
Post# 34367940

RE:RE:RE:5 million restricted shares to management etc

RE:RE:RE:5 million restricted shares to management etcYeah, you're right, "shareholders do not benefit unless sp rises"... that's the case with any stock. If you click on the "Insiders" tab above you'll see that they are at .34 cents, and the press release has some details about how they vest. Definitely more info from the company is needed. Some of the people are directors, some are executives. The executives have salaries, but plain old stand alone directors do not. This is good because they packed their board with a bunch of really good technical and business people, but they're not handing out cash to their cronies just for being a name on the board. 
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