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mjkiii

03/29/12 8:27 PM

#13671 RE: badge792 #13670

I believe the NCIB regulation limits us.

If I recall, it was about 171,000 shares per day. It is in one of the old PR's. In any case that is a lot of shares over 90 calendar days.
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Implanting

03/30/12 8:39 AM

#13677 RE: badge792 #13670

You can rest assured they're not going to be buying back all those shares before the deadline runs out. They would have to take out a loan to get the money to buy that many shares. That was just another smoke and mirrors point made by Fifer on the CC.
I didn't hear him say anything about buying that many shares in a certain amount of time. He just said they intended to buy them back. That could mean over the next three years for all you know.