Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: To increase shareholder value...? response from Craig Michael

Well, they damn sure haven't been in any rush have they? Not when you're making the money they're paying themselves. It would be different if they were reducing their salaries in concert with the loss of the share price, but that's not the case.

That's the problem with many of these corporations though, the share price drops and shareholders lose money, but the officers still make big salaries and get big packages. I guess there's something to be said about investing in companies with reputable management.

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