Bullboard - Stock Discussion Forum Surge Copper Corp SRGXF

Primary Symbol: V.SURG

Metals & Mining Copper

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... see more

Add To Watchlist

TSXV:SURG - Post Discussion

Surge Copper Corp > 5 million restricted shares to management etc

View:

Post by TELEMARKER on Jan 26, 2022 4:51pm

5 million restricted shares to management etc

what do shareholders think of that

185

Comment

Comment by DrillMonkey on Jan 27, 2022 11:37am

I like performance based compensation tied to the share price, but I'd like to know the details of when and how these things vest... .34 is fine by me because it's higher than my average price; however, in all fairness, they shouldn't be exercisable unless the stock price goes above the .45 cent strike price of the warrants from the last financing. The last press release said details ...more

121

Comment

Comment by TELEMARKER on Jan 27, 2022 1:12pm

are these free shares (no price mentioned) ? If they are free, it is like top up to salaries, fees they get. How much are salaries? Shareholders do not benifit unless sp rises

Comment

Comment by DrillMonkey on Jan 27, 2022 2:50pm

Yeah, 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 ...more

149

Comment