In regards to the stock options announced yesterday...it's the first time I've seen this from Noront..

"Board of Directors has granted the option to acquire an aggregate of 416,253 common shares to senior management as compensation for voluntary pay reductions"

If management is betting on a higher share price they can volunteer to reduce their pay and get these 31 cent options.....or keep the same pay and not get these options.

This amounts to a total of $129,038 based on 31 cents

Noront has six people in Management, Al Coutts is one of them.

Knowing that Noront has to pay money per news release....you'd think the directors would have had discussions with management regarding this "voluntary pay reduction" idea before putting this news out?

If they were negative towards reducing their paycheques and getting these options in return..why put the NR out?