Thats a pretty rational viewpoint.... I don't see too many lobster and caviar dinners in the works.... he really only gets paid if the companies a success....
Quote: "It hasn't worked out now a couple times and that's bad, but I haven't seen any evidence here or anywhere else that convinces me that Scott has diverted from the plan."
Okay. It has not worked out a couple of times over the last five years. Why not be fluid/smart and change the plan that has failed miserably over the last five years? The problem is Scott has not diverted from the plan, and why should he as he pockets management fees (not deferred).
Well the question of pay comes from the the lack of follow through and motivation to follow through. Why would Scott bother moving forward when he is being paid $200K a year to do nothing.
IMO Scott has been paid quite well. His business pays for everything for him and he travels all over and accomplishes exactly nothing.
Scott had a plan in 2009 and the plan requires him to spend 1.8M dollars on the mine. He had the money and didnt follow his plan.
When the fact that he is comfortable with his pay and has no motivation to move forward brought out the claim that his pay is deferred.
I can prove that Scott "spent" $788K on exploration but nobody can prove anything was explored. IMO that cash went in Scotts pocket. After all who works for SRSR? Who would be exploring our property. Scott and Cam are the only 2 employees we have if someone is exploring it is them. If they hired someone to explore then it will be in a PR somewhere or a 10k/q. They did not. They were paid 788K for nothing
If anything close to that is going on then Scotts pay being deferred is a major point of consideration.
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