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News Focus
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acanuck

07/07/12 12:25 PM

#15834 RE: badge792 #15832

I don't think they have the cash in hand to buy back large amounts of shares. They have too many irons in the fire!

I still believe the SP is being held at .40 because there is a deal in the works. Maybe with Inmet. This is my dream so don't poo poo it. Lol
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Peta bull

07/07/12 5:49 PM

#15837 RE: badge792 #15832

They will buy about 10m shares soon
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Implanting

07/08/12 2:45 PM

#15849 RE: badge792 #15832

They only come in and buy shares to support the SP when it goes into free fall. If the shares are stable or gradually moving higher, as they have since they bottomed @.30, then they aren't going to be buyers, it's that simple. The CC before this last one Fifer said they were going to buy back all the 17 million shares they said they were going to buy back. Problem is he never said how long it would take them the buy those 17M shares back. LOL

As usual the fine details are left out.