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Friday, June 23, 2017 11:50:19 AM
PT is the largest share holder, so after Elena & San Felix are producing 10k tpd or more, I suspect he (or a new BOD) will make a determination on that based on the best direction of the company and share holder value. Probably will depend on the amount of cash MXSG has, future mining plans, and the share price value at the time.
Problem with buying back shares, is you can't use that $$ for future mining projects. So, I wouldn't see that happening unless we have more cash then we know what to do with.
Recent MXSG News
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 06/28/2023 01:47:39 PM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM