It didn't take long for the leopard to show his spots. Here's how Rick! Van Alphabet thinks a CEO should act, keeping down expenses and showing a lead to his troops and all that.....by robbing his shareholders blind again.
NovaGold Resources Inc. (NG)
|As of January 28th, 2010|
|Filing Date||Transaction Date||Insider Name||Ownership Type||Securities||Nature of transaction||# or value acquired or disposed of||Unit Price|
|Jan 28/10||Jan 21/10||Van Nieuwenhuyse, Rick||Direct Ownership||Options||50 - Grant of options||231,250||$6.400|
That's $1.48m added to the costs of Nadagold (NG) this quarter, to please the greed of its top man. Fulp's phrase about 'mining the stock market' springs to mind. Another one is "Shareholders: If they can't take a joke f*** 'em."