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Bullboard - Stock Discussion Forum VMS VENTURES INC. VMSTF

GREY:VMSTF - Post Discussion

VMS VENTURES INC. > heading to 5 cents
View:
Post by 20dollarsilver on Sep 22, 2015 12:40pm

heading to 5 cents

maybe management should take a pay cut and step back from the trough for a while. just a thought as the shareholders get skewered here.
Comment by tigars43 on Sep 22, 2015 12:56pm
the problem here and elsewhere is caused by commodities prices ... managers to water and molded would not change anything ... except that it would be easier to change their diapers ... I agree ...!
Comment by LongonZinc on Sep 22, 2015 1:15pm
They all get paid chump change, there is no trough.  They are hurt worse than the average shareholder when the price drops, as much of their compensation is in the form of shares.  They just can't generate significant cash flow at current copper prices.
Comment by Northboy44 on Sep 22, 2015 9:33pm
450 thousand a year for jr isn't chump change....do your home work... Absolutely nothing has been accomplished since he took over...should of sold to hudbay two years ago...don't keep blaming copper prices...living high on the hog while shareholders holding the bag....hot dog stand making more money than Vms...
Comment by LongonZinc on Sep 22, 2015 10:33pm
Nobody is making anywhere close to 450k per year.  The highest paid employee is making about 120k, very similar wages to a mid-level geologist.  Not sure how anyone can be living high on the hog making 120k per year...I consider that chump change.
Comment by BSwalks1 on Sep 22, 2015 10:51pm
 $ 1.00/hr for doing nothing is 1.00/hr too much.
Comment by axegirl1 on Sep 23, 2015 3:57pm
Comment by axegirl1 on Sep 23, 2015 4:01pm
I know teachers and firefighters who are making this wage. Some people cannot live on 500K a year because they can't manage money. They couldn't make ends meet at 900k a year, because of poor spending habits, or lack of knowledge. I live in the Canadian Rockies where property is at a premium, and the people I kow are doing fine. They know how to manage money and they live within their ...more  
Comment by BSwalks1 on Sep 23, 2015 5:10pm
Teachers and firefighters making $120 000 per year...  where ? I'll tell you where.  Nowhere. Plus they are actually dong something and are held accountable for their actions or lack of.
Comment by Northboy44 on Sep 23, 2015 9:10pm
I i see you are from vancouver and you can't find this out......or do you frequent head office... Proof is on the Internet if you take time... https://www.reuters.com/finance/stocks/officerProfile?symbol=VMS.V&officerId=1037773
Comment by 20dollarsilver on Sep 23, 2015 11:53pm
that pay is totally insane for a stock that will soon be 5 cents. hudbay is the operator so what is their for vms management to do that would justify that pay. also,you know that they spend a fortune on travel,cars,meals,hotels,etc. all this for a 5 cent sp. sickening,imo.
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