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Gold/Mining/Energy : NOVAWEST RESOURCES INC. (NVE.v) -- Ignore unavailable to you. Want to Upgrade?


To: Mike Campagna who wrote (1340)5/14/1999 10:22:00 AM
From: Paris Georghiou  Read Replies (1) | Respond to of 1434
 
Mike,
Stock options are the only way to pay officers and directors who work for nothing besides the prospect that they can bring value to their companies.
The objective is not to dilute the company's shares but to try to bring long term value by not depleting its cash resources. When stock options are exercised the money expended by the grantee goes directly into the treasury of the company.
Hope this helps!



To: Mike Campagna who wrote (1340)5/14/1999 8:43:00 PM
From: WWS  Read Replies (2) | Respond to of 1434
 
Mike, I think that you hit the nail on the head--typical VSE stock: "never ending new beginnings". It bothers me that we still don't know how anything ends, like 1) why Raglan wasn't drilled in the last two expeditions, 2) why Grand Nord fell through, 3) what happened to the silica "cash cow" that FL supposedly wanted from us, 4) what about all those withdrawn financings and rights offerings, 5) and the abandoned applications to enter TSE/MSE, 6) why Don Wilson left, 7) why Paul Gast simply disappeared (along with the May 9, 1998 NR announcing his hiring), 8) why Glenn Mullen is now vending Raglan properties to DNI instead of to NVE, 9) how much did the Lac Rocher stakings cost and what is to become of them, 10) how many shares will have to be added to raise $8 mm, 11) when does this year's expedition leave for Raglan and 12) are they taking a drill with them this time? Questions, questions everywhere; I agree with you that its 'bout time for some answers. Good luck to you, Mike, because you have the patience of a Saint!