Replies to post #206186 on Minerco Inc (fka MINE)

[ArNyc]

Right, but I still see a penny in next few days, .01 is place she should hold IMO

[staynafloat]

I think Scott is looking at this in the right perspective :)


Q: When will the company start a share buyback?

A: Let me ask a question, and you answer for yourself. Would you, as a shareholder, rather we use your capital (which is currently borrowed) to buy back shares for a minimal realistic return, or would you prefer we deploy your capital to grow and expand your business for an exponentially larger realistic return? When profits are sufficient to responsibly buyback shares, we plan to initiate a share buyback and/or dividend payment to shareholders.

$MINE$$

float :)


http://www.minercoresources.com/news.php?p=99