Re: Stock Options run free
in response to
by
posted on
Jan 13, 2009 11:21AM
The Company's Eagle Gold Project in Yukon Canada hosts a National Instrument 43-101 compliant Reserve of 2.3 million ounces of gold.
yup you nailed it, VIT is the only miner out there offering up options as an incentive to retain quality people pushing toward a successful future. ha ha.
give me a break.
i guess we need to look for some PhD or successful analyst sitting in an elko bar with nothing better to do then work for 50k or 100k a year. no offer of options or warrants to go with that amazing salary just, run our company. " Oh and Buddy? keep the over time hours down and don't forget to clock out at the end of the day."
i am sure it would be quite easy to replace Marcus, chad, Raul, etc. haha.......comical Pangaea. maybe the local junior college geology 101 teacher is ready for some dirt licking and to get out of the classroom.
issue with the warrants? well you could have sold off your shares and taken part of the PP and had warrants as well, so there is no room to talk about warrants.
as for you dealing only in hard facts? NOPE.......plenty of your posts are not fact based at all. you just portray yourself to post as such. i can think of quite a few without even reviewing past posts.
Hilltop- yes, that recent drill hole did not come up with amazing numbers. whatever. our success rate is 10 to 15x better then the big guys. it is amazing what we are able to put up on the assay board with so little money to do so. at one point the hilltop area was 55 sq mi. we have had to reduce that size i believe but you would just give it away huh? why so fast? there is a good chance they renegotiate this agreement that seems to bother you so much. there is still a lot of potential there depending on how a lot of factors play out.
further on agreements- Newmont would not just hand off some mother lode or even gold dust if it knew how to find it. two way street they need us and the other Jv's we have with them....as we prove our success we have even more leverage in agreements because they can't do for themselves and other juniors will cease to exist or can't find it either.....
they are smart, they will press it to the limit and try to hang on to everything and evaluate hard when they do. the choices will be the right ones