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Gold/Mining/Energy : SOUTHERNERA (t.SUF)

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To: gemsearcher who wrote (5885)4/4/2000 12:43:00 AM
From: Goalie  Read Replies (2) of 7235
 
From 4Q report:
And I Quote: "General and administrative expenses increased 20 percent in 1999 to $3.0 million from $2.5 million in 1998, primarily because of an increased emphasis on shareholder and investor communications and professional fees incurred in the search and hiring of a new chief executive officer."

This is an insult... a half-a-million bucks because of an increased emphasis on shareholder and investor communications....and a fee for the head-hunter????

What emphasis...?
What investor communications...?
What shareholder communications...?
What's the price of a head-hunter firm...?

For half a million you can BUY a PR firm...!

I bet it paid for a lot of meals, and trips for some people!

Shame on those who paid the bills!
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