5b analysis, page-8

hottuna,

a good post, except...

During a quarter where they are developing a mine and contra'ing off $365k of crane supply @ 2.60/sh, they have spent THREE POINT TWO MILLION DOLLARS on buying shares on market for the benefit of management and directors - bringing the total over the year to TEN MILLION DOLLARS for the benefit of management and directors.

appendix 5B page 2 of the report specifies:
1.19   Other - Employee shares acquisition under share plan

where did the report stipulate that the shares bought were for the management and directors?

if I were an employee, I'd definitely be asking for shares via this scheme, especially with the current sp.

oh... and one more thing. it's a __loan__, not a gift.