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Gold/Mining/Energy : Madison Enterprise, MNP/VSE
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To: baystock who wrote (249)4/12/2001 10:49:19 AM
From: Claude Cormier  Read Replies (1) of 285
 
<My main issue is why are they paying 25% of salaries in below market stock if they have $2 million in cash. >

Well they need to survive and preserve cash. A few hundred thousand shares issued per year on that basis will not change anything to the big picture.
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