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mjkiii

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mjkiii

Re: Implanting post# 18954

Friday, 12/14/2012 12:39:09 PM

Friday, December 14, 2012 12:39:09 PM

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"My reasoning has historical presidence."

Do you mean precedence??

There is no evidence that previous NCIB use was to "prop-up" share price. There is no overriding precedence.

I interpret NCIB buying as the same as insider buying when I guess technically it is not. My point could have been better. When you have extra funds at the end of the year you put them in what you believe to be the best investment. Obviously, the powers that be at PTQ think that PTQ investment is appropriate.
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