Re: Mr. Big- Dealmaker
in response to
by
posted on
Oct 27, 2020 04:39AM
Combining Classic Mineral Exploration with State of the Art Technology
Well, I can't speak for the board. But BG and POH put a lot of cash into the company. I understand - and greatly appreciate - that JB has years of forgone pay, making due with rental payments from the company for his home office.
And, of course, most important of all, his decades of geologic expertise that have provided the company with its best (and only true) assets, which we all hope one day are eventually drilled.
But remember where things were when JB was asked to step down. December 2018 the pps was triple zero 2! The company was on life support. That was not going to get fixed with another interview w/ the Agoracom guy or press release about some diamond core drill rig that we really, really, really hope to use one day.
The company needed fresh cash, which BG and POH provided directly, and got other board members to invest/join, as well. That has kept the lights on and allowed us to maintain our claims, and add the additional land packages that (apparently) were identified by JB and others as necessary for finding a funding partner.
But I agree with you. I think JB should be awarded shares in exchange for his accrued wages should we ever drill the relevant targets successfully. He deserves a rich reward for everything he's done for the company. But I can't say that I wish he was still solely in charge and armed with super-voting shares.