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Re: KansasCrude post# 312

Thursday, 08/24/2023 3:09:31 PM

Thursday, August 24, 2023 3:09:31 PM

Post# of 461
how is using "horded cash" to buy treaury stock going to reduce the income tax when more ore is moned?
Companies buy treaury stock when they don't have any better investment to make. This si a mining company
with claims which need to be brough into production. That requires cash. When a strong comapy has cash it does not have to sell new share nor borrow
to expand production. IMO that is what managment si doing. I just wish they would move us onto a better exchange.
From your handle it indicates you are or were an oil man. I still have one oil property left in WY. I like natural resourcs
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