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Bullboard - Stock Discussion Forum TRU Precious Metals Corp TRUIF


Primary Symbol: V.TRU

TRU Precious Metals Corp. is a Canadian natural resources company. The Company’s flagship project is the Golden Rose Project, a regional-scale 300.25 square kilometers (km2) land package in Central Western Newfoundland which straddles a 45 kilometers (km) strike length along the gold deposit-bearing Cape Ray-Valentine Lake Shear Zone, directly between Calibre Mining’s Valentine Gold Project and... see more

TSXV:TRU - Post Discussion

TRU Precious Metals Corp > Annual Financial Statements
View:
Post by Farmer9 on Apr 28, 2021 7:11am

Annual Financial Statements

Among other things, Joel was able to give himself another raise.  Now the MSA is $12,500 a month.  He has negotiated a $150,000 severance package when a change of control happens, and also cash bonus payments for "achievement by the Company of corporate milestones".  But don't worry, "These amendments to the MSA were made to align it with industry standards for executives of junior mining issuers."

Joel Freudman, who has zero mining experience, is being paid along the lines of industry standards.  Pretty good gig Joel has made for himself.

Just one more month until the loan to the smoothie company is supposed to be fully repaid.  That is unless Joel creates ANOTHER loan ammendment for his long time buddy, Yousuf Soliman.  

Maybe after the loan is paid/written off, the change of business can be completed and the shares start trading again.
Comment by glasrado on Apr 28, 2021 9:29am
Are the SEDAR filings 'OMG' again or we will see the trade resumption soon?
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