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Gold/Mining/Energy : St. Jude Resources......V.SJD

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To: Furry Otter who wrote (2886)6/29/2000 10:35:00 AM
From: russwinter  Read Replies (1) of 3065
 
New private placement at 35 cents (approximately 55% of cash value of company)is another in a series of outrages. It would be interesting to see who the buyer was? Issuing 1,460,000 options to "directors and employees" at 35 cents again speaks for itself. Finally from the annual, page 10: Management services to a company controlled by the President of St. Jude Resources was $210,000!
biz.yahoo.com

At least somebody is making a ton of money on this company. It's too bad it's not the rank and file shareholder.
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