InvestorsHub Logo
Post# of 596819
Next 10
Followers 34
Posts 5481
Boards Moderated 0
Alias Born 04/24/2006

Re: None

Wednesday, 07/11/2007 11:15:54 AM

Wednesday, July 11, 2007 11:15:54 AM

Post# of 596819
BDGR confirmed buyback

OIL CITY, LA--(MARKET WIRE)--Jul 10, 2007 -- Black Dragon Resource Companies, Inc. (Other OTC:BDGR.PK - News) management today announced that, on or around July 3rd, the Company acquired 500,000 shares of BDGR stock in the open market. It is the intention of Black Dragon, once it is cash flow positive, to buy shares back every month until it has retired 50% of the float. It is estimated that this goal will take about 4 years.

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.