$300,000 paid to directors last quarter and probably a similar amount this quarter (obviously we don't know because they don't tell shareholders anything unless they absolutely have to). If things are tight they should have their salary frozen and paid out in options with an exercise price of $1.00. But they would never do that. Easier just to dilute the crap out of the stock. Screw the shareholders am I right? Even though we are the ones who make the whole thing possible. Disgusting. This reminds me of SLR. Using a large deposit in the ground that will probably never get mined to justify repeated capital raisings. What was achieved with the last two placements? Bugger all
CAS Price at posting:
21.5¢ Sentiment: Sell Disclosure: Held