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Re: dumluck post# 19565

Sunday, 09/05/2010 3:43:21 AM

Sunday, September 05, 2010 3:43:21 AM

Post# of 65657
Buyback 100% YES dividend NO PR guy

The PR guy in the past has said that the company see's the most value to shareholders with the stock buyback vs dividends.

I agree that once SFMI is making good and strong profits that is a good move. Just the PR that they will be over "the next Q buying back xxx shares at mkt price" will spike SFMI up strong.

As to a split or other options - IMO they are down the road. I agree with others that it is way too soon for that. Open and work on skinker. Get the share price up around $20+ before any thought about split. Most company's that do splits want to keep the share price either $10-20 or under say $50 per share for good volume on trades. No point at these levels IMO.

Look at what the news about the sinker tunnel did in May. If yields on tailing's etc and news on profit are coming up by end of year and buyback in 2011 to start - DANG - hang on to your hats!

If by this time next year dividends or split are on the plate for 2012 - GREAT! There will then be reason to drive the price up from say $10/share to $20/share! - IMO

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