Eudaimonia's Profile

Eudaimonia's Posts

Re: tsx venture posts 17.38 point gain today! Go ubr Go!

And FNC down. Not one NR about our gold properties so what do you expect? The only thing i know is that Peter sucks at his job and continues to showcase this very well.

almost 8 years ago
Re: Another example as to why fnc management is the problem with our s/p

"A stable full of ll of prop's" which are being discounted as 0 dollars so don't think you can use to defend Peter/MGT. With Peter out, FNC would begin to be taken seriously as there is so much opporunity here that he has not and does not know how to capitalize on.


Always hopeful for a white knight that will kick him to the curb where he belongs IMO.


Eudai

about 8 years ago
Re: Fancamp Exploration Ltd.: Proposed Shares for Debt ....Eudaimonia

My concerns are on several levels:


1) 380K for in salaries for a few insiders seems quite excesssive, especially for the work that has been done in the last year and the companies performance, especailly if this is to pay for Peter's work. Staking a lithium property and failed Magpie testing and running a break-even gold bulk sample without evening doing a scoping study should NOT garner this much in salaries - i just don't see any value of the work they have produced. I feel pretty confident that salaries for junior company of one CEO and his "consulting" work should not be in the order of nearly half a million when your market cap is less than 5 million! But then again, look at how he sneaked in change of control fee of 750k as severance. He likes to get paid nicely as an official in a mid tier company but doesn't want anything to do with the business side of promoting the company and actually attracting new investors. So we the shareholders suffer and he get's to have it his way.


2) As part of the companies plans to "fund operations" that has been to sell shares of other companies. I would have preferred to see 500k of Champion unloaded to cover the costs as opposed to this dilution which was uncessary and has the chance of ending up to be more than the actual amounted that was owed!!


3) This shows Peter is a greedy geology. He is not CEO material as i have always said. This guys sits on many other boards and get his options and directors fees and he's still using the Fancamp as his well for unjustified compensation.


And don't worry, i am looking to sell my whole shebang but Odlum beat me to it.


So that is the way I see it ...

about 8 years ago
Re: Fancamp Exploration Ltd.: Proposed Shares for Debt Transaction

Who the hell are "certain insiders of the company" that we owe 144k to? Am i the only one astonished by this?? I think this is ridiculous - there are likely 3 people on the pay roll who I don't even think deserve eff all for what they do. This is rewarding sub par work and linining the pockets of cronies likely to keep PS in charge IMO.


PS needs to go!!!!!!!!!!

about 8 years ago
Re: Hum, Hum....Well,Well...M... changing !!

LOVING IT!! Keep singing Bluebird. Will we get to a dime so i can have my beer?

about 8 years ago
Re: Info on staked property (sort of)..and release this after hours? Really??

I didn't sell becuase Peter was out as CEO and the company seemed to regain its footing with Jean LaFleur, only for Peter to take back control and run the show again.


If i had messed up as many times in my job as Peter has, i would be fired. Shortcomings are not an excuse when you are running a public company and controlling investor's monies. The board should demand accounabiility and performance. I don't see either goals accomplshed sespecially with our assets grossly undervalued and not even closely reflected in the share price. We have always traded at a discount and it has been obvious what the reason is - PS!


Expecting professionalism like a decent website and making presentations to would-be investers is not too much to ask. That is the role of a CEO and he has failed...time and time again.


I will relax when the SP gets above a dime and then i'll have that beer. Until then, i won't back off and I will call you on your sub standards for a CEO which is unacceptable in my view.


GLA

about 8 years ago
Eudaimonia
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06/01/2008
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