Re: More insider buying and filing- WHY ???????
in response to
by
posted on
Mar 22, 2012 08:09PM
CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)
Based on the information circular from April 2011 (one year ago) David Macdonald was not Named Executive Officer together with Ernesto, Erik and Hector. David had $57,024 option-based awards.
There is also an Option-based Awards table and David held 500,000 unexercised options with an option exercise price of $0.145 and expiration date of 09/30/2014. The last colmn gives the value of the undexercised options at $337,500