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Re: fireopal post# 21159

Tuesday, 12/12/2017 4:17:34 PM

Tuesday, December 12, 2017 4:17:34 PM

Post# of 21822
Agreed. The paid pumpers/advertisers are gone, let me know if U see them return (even if it's a cheesy $50k pump). I'm interested in operations and their potential, not paid promoters.

I like this one right now and know the history. They aren't fooling me, I see where they've come from and looked carefully at their holders and what they do/have done. The big holder no longer controls the company thru debt.

One thing I might push for if they start making enough to pay out the dividend and build cash is an increase/renewal of share buyback. I think they will be starting to realize profits soon and as mentioned won't be a capital intensive company. It would be a plus to continue to downsize the role Viking/Longview play and diversify their shareholder base while strengthening potential future earnings thru reduction in share count. I was glad to see the debt settlement and reduced role (board resignations) of them. I wish them well, just not seeing the benefit of having them on the board.

I was all for the 700k block the company bought back from Longview. Another couple chunks like that and Longview may feel more relaxed with their position.

All IMO only. Good luck.

I don't mind stealing bread from the mouths of decadence... But I can't feed on the powerless when my cup's already overfilled.
-Temple of the Dog

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