Thanks for quick response.
1 Singer- pretty standard what a director's responsibilities are in any company, so was my qustion : what is reasonable compensation for a director of a company with this market cap ? and whether should be paid in cash or shares + options ? $5,000 to $15,000 weighted towards shares + options I would think fairly standard.
As far as compensation above that for extra time spent consulting for company I agree, one would need to know how much time and responsibilities assigned would be. I have no way of knowing that.Nor do I really understand how value of shares was arrivd at prthe Form 4 filing.
2. "PPS speaks for itself" : My question was not whether one would judge management performance solely by PPS dropping, but what areas did they fail on, or conversely what would you have them do differently ?
3. Uranium Claims- Junior mining companies secure land positions all the time , eitehr because of perceived future benefit or to keep news flow going to attract positive attention. IMO they dont have money to explore so this was a marketing expense.
4. Projected shares : My estimate based on cash used last year, outstanding convertible notes, recent price trends etc.Don't know what else I would base it on since company is not very transparent in my opinion, but their forecasts on 10q/10k contain amounts I simply think they cant raise in current market. So you are forecasting they go billion plus shares ?
Yes I know its the pink sheets and for every 1 company that succeeds there are hundreds that dont, isnt that the nature of such speculation ? It is easy to critisize and I respect you have followed the company for years, but what would you recommend management do ?
I do strongly critisize CFO for not releasing 8k on march 6 events, that could be a real red flag in my opinion
So now I guess I have supporters and detractors both upset !
Just my opinion all this
