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Bullboard - Stock Discussion Forum RED EAGLE EXPLORATION LIMITED V.XR

Metals & Mining Gold Industrial Metals & Minerals
"Red Eagle Exploration Ltd is engaged in the exploration, development and permitting of mineral properties. It owns the California Gold, Vetas Gold and Santa Ana Silver projects."

TSXV:XR - Post Discussion

RED EAGLE EXPLORATION LIMITED > Salaries......and why did Giles quit
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Post by RichardMC on Apr 03, 2014 10:47pm

Salaries......and why did Giles quit

Anybody, know what the yearly salaries are? Heard there huge.
Comment by Lunchisforwimps on Apr 04, 2014 11:07am
The burn rate is 200 k per month. The appear to have tossed the previous CEO for being a tool with the kitty.  The current burn is still too high for a company on care and maintenance repeating the same paramo press release. Salaries need to be cut and pay for performance implemented. Get the burn rate to 100k or below. 
RED EAGLE EXPLORATION LIMITED