It would have been helpful if there had been a an "Executive Summary" of the new compensation plan was available.
Since I went to the 2011 AGM in Denver, I know that folks at TC read this board, whether it will make any difference who knows.
Your suggestion makes sense to me. I too voted against the repriceing and the new plan, since I could not fully understand the terms of the new plan. Maybe won't make any difference but I will fell better having voted my feeling on this issue.
Look at pages 21 thru 42 of the Annual Report. There is a lot of verbiage, not all of which I understand, about the new compensation plan. Toward the end there is a table which shows that the executives covered by the existing plan are way under water on their existing options and that no new options were granted in 2011 and 2012.
I don't know what the effect of the revised plan will be on existing options that under water, need some help with that.
I do know that I am way under water on my TC stock and I don't have much sympathy for the Senior Management that screwed up the Endako Mill and Mt. Milligan projects. I for one think we need to see some performance and improvement in the share price before these folks cash in.
Just my thoughts for now.
Exactly my point. Minyeeji obviously does not know what constitutes a rare earth none of the ore that TC mines or currently will mine is a "Rare Earth".
Yes the CFO is very important and Mitchell leaving kind of abruptly is a Red Flag. Be interesting to watch the future unfold for TGB.
What downgrades? While it is never wrong to take a profit, I think you made a mistake here or you are short. Either way good luck to you.
Yeah but the way most here have lost their assets....They can probably only afford "The Cheap Stuff"...lol
Actually I suspect that some folks are taking short term profits after the week we have had. Not all bad to have a pause here.
You got it and they are both dumb as 100 head of sheep, and that is an insult to sheep....lol