RE: CEO is no dummy Here is what J.Sinclair(Mister Gold and CEO of Tan Range Expl.)had to say about R.McEwen's options :
How much incentive does management with an up-and coming company actualy require?
When you throw incentive numbers around like 50 000 000 and 100 000 000,that moves from ridiculous and then to profanity.
Nobody running any goldcompany of any size deserves profits like that without assuming the risks normally associated with such unusual numbers.Let management buy insider shares at the market price with no discount or sweeteners,thereby joining you in the risk.
I could not agree with more Sinclair.Fiveks.