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MuchCompensation

06/28/11 7:41 PM

#36292 RE: lucky, mydog #36291

For what its worth, I respect your opinion.

MC
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User-65225

06/28/11 8:57 PM

#36297 RE: lucky, mydog #36291

Mr Scammell makes $250,000 per year along with health, dental, long term disability and life insurance... Pretty nice pay for a "part time" gig... This is what you would expect the CEO of a PROFITABLE small company to make in base pay, not a part timer for a company that has serious cash burn problems

He serves on the board of at least 3 other entities, one being GHDC...

Sure looks like he came over for the $$$ to me, not because of a visit to the sinker tunnel or whatever some were trying to spin here. lol

I wonder how much he is actually applying to this part time venture?... They pretty much only needed him for the "geologist" title. Investors have been complaining about there being no Geologist for YEARS and they FINALLY acted... Up until this point management appeared to be pretty secure with not needed any mining experience on the board... after million of dollars wasted, many broken promises/dates and still not $1 in revenue they FINALLY decide to get some experience?!

Regardless, PQ and RK are in control here, not the part time Geologist that lives in British Colombia... Scammell might be the shining light of hope to some, but its still PQ/RK's company and i dont see much changing... Expect the hefty payouts to family, friends and "consultants" to continue and mining to remain 2nd priority.

He who figures it out last, loses the most... which is the way of the markets... time will prove all