Ref: Why do you think they announced such a small buy back?You've got it. That small of a buyback isn't going to change the PPS by any appreciable amount. It's we're processing gold and we have some funds to spend.
As someone mentioned several days back, the repurchased shares could be used to pay the convertible notes due later in 2013. (edited) If the price is over .05, they have saved money and slowed dilution.
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