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Bullboard - Stock Discussion Forum Woulfe Mining Corp WFEMF

Woulfe Mining Corp is a mineral exploration company. It is engaged in the acquisition, exploration and development of mineral properties.

GREY:WFEMF - Post Discussion

Woulfe Mining Corp > options
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Post by canon12345 on Jul 24, 2014 10:14am

options

While I hate the dilution, I doubt he would have rushed out and gave himself 2 million more options at $.10 if bad news was coming out. With 5 million options in his pocket I hope this gives him the incentive to actually try and make the stock go up? Maybe a little IR would help, actually informing shareholders on what is going on? I still see management trying to keep the stock price as low as possible, is this so Dundee keeps getting as many shares as possible on their interest? If its so options can be had at rock bottom prices well I think you have succeeded, now do something!
Comment by TechOne on Jul 25, 2014 2:37pm
Options are awarded, and at times quite generous but they are tied to performance and goals.. This guy just showed up..  Something to keep in mind next time Dundee Corp. shows up as a saviour.. They did show up to finance a company I am involved in and got really really generous deal.. So they are there to line their pockets first at the expense of current share holders..  Not that you ...more  
Comment by GaiusGermanicus on Jul 26, 2014 12:51pm
What I was trying to say earlier is that stock options, as to their effect, in an Incentive Stock Option plan generally vest over a series of years.  They may have been awarded, but if some or all of those options are time vested then they can't be exercised until so many years have passed.  If this is a 4 year plan for instance about a half million options per years service may ...more  
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