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49erminer1

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49erminer1

Re: justonewinner post# 15100

Thursday, 05/17/2012 1:43:17 PM

Thursday, May 17, 2012 1:43:17 PM

Post# of 15403
Teck was a penny stock 20 yrs ago. They now own Cominco ( now TeckCominco), who I worked for. Grupo Mexico was a small company and now owns ASARCO. There are many more.

Stock options are used to attract competent managers when the company isn't in a position to pay cash. Nearly every large company listed on NYC, NASDAQ, TSX, etc. uses stock options to attract managers.
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