Its a common theme with all of the Canadian LP's. They are burning through cash at an alarming rate, yet the execs/directors are still getting paid as if they are Fortune 500 companies. I really dont understand it. It really is a criminal enterprise.
Yeah, I was a bit pissed off when I read "general purpose" myself. Hopefully we find out the real use for this cash soon so all these assumptions get cleared up... ugly or not ugly. If this really is for bonuses I have a hunch lawsuit will follow, but not sure if they have enough of a case to win or settle out of court.