Another positive move by PCFG leadership. They must be or will be profitable very soon to even consider this. I would like to see them perform an action that would require all shares to be accounted for to flush out any naked shorts.
Notice the outstanding shares are still the same. No dilution.
That is a very nice message on many levels. I view it as a signal to the market that the recent gold production numbers are very good, that the company wants to benefit shareholders, that it and the management are going to show the world they have earned the respect not given in the marketplace, and that this management will stay firmly in control of the company.