HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Re: seems the ceo is getting too fat - out-of-the-money options are worth $0.00
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Dec 24, 2010 10:44AM
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Dec 24, 2010 11:05AM
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Dec 24, 2010 11:09AM
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Dec 24, 2010 11:36AM
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Dec 24, 2010 11:52AM

It irks me to see inflammatory posts that do not take into account the fact that *none* of those options that were granted this year are worth anything at this time. Zilch. Nada. Options are a performance incentive, with a limited lifetime to light a fire under the grantees to perform well. Perhaps the quoted numbers used the Black-Scholes valuation method to *estimate* what those options *might* be worth at some time in the *future*. This accounting method is historically off by 300% to the high side, and is largely responsible for killing broad-based stock options grants in the U.S. ... with terrible consequences for technology companies.

Feel free to complain about performance, but again, please stick to the facts. "No news releases"? Who do you think you are kidding (in reference to a previous post)?


Dec 24, 2010 12:31PM
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Dec 24, 2010 01:26PM
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djo
Dec 24, 2010 05:24PM
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Dec 28, 2010 11:27AM
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