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: more "incentive" options
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May 05, 2011 11:19AM
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May 05, 2011 11:25AM
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May 05, 2011 12:07PM
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May 05, 2011 12:29PM
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May 05, 2011 12:36PM

I guess more shareholder input is needed on the details of incentive plans put forward for approval at the AGM and that input flows in through the BoD to the executive mgmt. It apparantly wasn't a concern in 2009 but sure should have been in 2010. I remember how adament retail as a whole was against the recommended plan last AGM and then when it got voted down mgmt barely paused before putting forward the motion to retain the prior plan which passed. I remember how surprised I was about the agility demonstrated and how I had no idea what the prior plan included.

Is sp even included in the objectives or is it couched in ambiguity like 'shareholder value'? Such plans need concrete things to measure against. How about if it said $1.50 by end of 2nd Quarter 2011 as an example, and $xxx by end of 4th Q, 2011.

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