To the Editor: As printed in the Regina Leader Post of April 25, 2011 (The Millionaire CEO's), Bill Doyle Potash Corp of Sask. CEO earned $11.26 million for the year 2010. But, that is only a small part of it. As of Dec. 31, 2010, the article claims Bill Doyle held 1,776,790 company shares. The report goes on to claim those shares are worth $101 million to Doyle. I expect someone at the Potash Corp of Sask. Needs a refresher course in math.
My research shows Potash Corp shares on Dec. 31, 2010 had a value of $154.45 each. That brings Bill Doyle's holdings in company shares to $274,425,215.50. Almost three times the amount reported.
I can only wonder where did Cassandra Kyle, the reporter of this story (Star Phoenix) get the numbers for her article.
It appears that Bill Doyle has indeed found the pot of gold at the end of the rainbow.
Henry Neufeld, Waldeck, Sask.
