CYL 8.09% $2.84 catalyst metals limited

The $1mm junior put into cyl shares was that money he scratched...

  1. 438 Posts.
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    The $1mm junior put into cyl shares was that money he scratched and saved from his morning newspaper route as a kid? or was that $1mm of cyl funds that bod voted to give junior based on some invented fiction in junior employment contract? Junior got paid $1mm for a fictional 1mm supposed gold ounces on vango tenements. Junior didn't discover any gold or do anything, Bruce did the heavy lifting. Issue is junior got paid$1mm for indicated and inferred ounces which when drilled out at very large shareholder expense to proven and probable will likely take a grade and tonnage haircut or 50 to 70% so junior didn't put together 1mm ounces of gold for shareholders, but some amount of gold much less than 1mm ounces but this fact didn't keep bod from voting junior cash bonus. Next junior need to get paid by bod to walk and chew gum at same time.
 
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