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Bullboard - Stock Discussion Forum New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

New Found Gold Corp. is a Canada-based mineral exploration company. The Company is engaged in the acquisition, exploration, and evaluation of resource properties with a focus on gold properties located in Newfoundland and Labrador, Canada. The Company holds a 100% interest in the Queensway Project, which comprises an approximately 1,662 square kilometers area, located about 15 kilometers (km... see more

TSXV:NFG - Post Discussion

New Found Gold Corp > CEO CK Remuneration
View:
Post by nozzpack on Apr 21, 2024 10:54am

CEO CK Remuneration

$17.5 million for the years 2021 and 2022 as CEO of NFG, PALI and NKG and $15.5 million for being CEO of NFG in 2020.

Total remuneration in salaries and Bonuses amounts to about $33 million over 3 years.

The share price of All three stocks are underwater for 90% of its shareholders.

Add the $32 million wasted on investing in Juniors with only moose pasture, and his management skills 
becomes even more egregrious .

Then there is that litigation case with 3D .

Isn't it obvious why our  liquidity is so lite which would be even worse if not for the useless wash trading by deeply infested shorts .

And, lavish infused, still some  praise his contribution to their shrunken wealth..
Comment by Evenkeel123 on Apr 21, 2024 11:04am
The GGG won't like this............... CEO remuneration is commensurate with that of a banker, who fill their pockets first and laugh all the way to their own bank.  The CEO mantra is simply a cloak to disguise what is going on. EK
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