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poster44ny

12/08/12 1:36 PM

#77616 RE: Meztic #77614

They Authorized more not issued more

Even so, people always look at more issues as always bad. It depends on why, which we don't know yet.
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VEGASnVA

12/08/12 2:29 PM

#77636 RE: Meztic #77614

They are probably strapped for cash at the moment. I think most start up mining companies are untill they actually start mining, and pulling stuff out of the ground. A buyback takes a lot of cash upfront. That money is probably needed for operating expenses. Diesel isnt cheap, and neither is heavy equipment.
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uscrph1

12/08/12 2:49 PM

#77647 RE: Meztic #77614

MEZTIC, they have not ISSUED more, they have AUTHORIZED more. I would certainly hope you know the difference if you are investing REAL money