InvestorsHub Logo
Followers 23
Posts 1012
Boards Moderated 0
Alias Born 12/26/2009

Re: None

Wednesday, 01/14/2015 6:45:22 PM

Wednesday, January 14, 2015 6:45:22 PM

Post# of 347762
Interesting reading the November newsletter. Some inquired about a share buyback which is discussed. There is a link within the November if you would like to receive company updates as well.

Here's the link:
http://www.minercoresources.com/news.php?p=99

Q: When will the company start a share buyback?

A: Let me ask a question, and you answer for yourself. Would you, as a shareholder, rather we use your capital (which is currently borrowed) to buy back shares for a minimal realistic return, or would you prefer we deploy your capital to grow and expand your business for an exponentially larger realistic return? When profits are sufficient to responsibly buyback shares, we plan to initiate a share buyback and/or dividend payment to shareholders.

Flettster
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.