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Message: Re: Golden Hope Mines, Options Granted [IR response]

Yes, I agree in principle with what Sasha had to say but they managed to issue the options at the lowest price in a very long time. FDG recently issued some options to employees @ 25c per share. The market price at the time was 18c. There is no rule they have to issue those shares at such a ridiculously low price. There should be a little common sense used on issuing these options.

Since the staff have to take some responsibility for the share price being so low, it seems unfair that they get rewarded for the past poor performance by getting options at such a cheap price compared to what us investors paid.

They could have at least shown some empathy for the shareholder's pain by giving out the options at a price above market price to reflect their poor performance over the past year.

I would have thought that a price of between 15-18c would give the staff plenty of motive to do well while at least showing some empathy for the losses shareholders have suffered.

Bob

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