He is way overpaid at 50k/year. He should have way out of the money stock options as compensation. And where in that 10Q does it say how many shares he has owned and bought?
Meaningless report. Watch the stock not even budge today.
Do you think they're stockpiling the gold that they're buying / mining to make a more exaggerated profit margin? I suppose that would be a sound internal investment on their part, but then the question can be raised as to where exactly all the funds are coming from to be able to afford these gold purchases, or mining operations. Unless of course Comanche Capital has enough faith in Maxam to fully fund everything that is currently going on, which I suppose is a possibility.
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