Re: San Gold grants options to buy 1.75 million shares
posted on
May 24, 2008 06:17AM
Silverback you think like an employee and not an enterpreneur. Options are not for free, they are at a discounted price to purchase shares similar to warrants and are used to pay attract board members and management who are recognized as the best in their field. Having a former Hemlo Gold board member and Harmony Gold manager on board gives this company recognition as having experienced gold people on board. The options are what attracts them.