Re: Rollback or Mothballs?

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wpgmoney

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Re: Rollback or Mothballs?

in response to

Rollback or Mothballs?

Lunch Meat

posted on May 16, 2013 02:47PM

I hope neither. They have enough cash to operate for several quarters.

They need to cut cash expenditures but keep feeding the mill. Gold in Cdn $ is higher than their cash costs. Time to reduce Executive salaries by 25% to show some leadership.

Total BS that the BofD ever agreed to hire GP with a 2 year clause with full bonus at 150% of base salary. Kicking him out was long over due, but to say it was a resignation shows no balls!