RE:RE:RE:NCIBGood idea LastZaz. I took the liberty of posting your question here, hope you don't mind.
Use of NCIB on low volume pullbacks
posted on Mar 24, 2021 01:22PM
Hello,
First time post here, but I have been invested in PYR for a while and have been reading and reviewing responses on here for some time as well as participating on some other message boards. Thank you for your hard work in growing this business and being in touch with investors throughout.
As some other posters on other boards have brought this particular suggestion up, I figure it might be reasonable to ask directly.
Given PYR's cash position, as well as the low volume pullbacks in share price (which has appeared to be susceptible some downward price manipulation) has management considered use of its NCIB particularly because now may be a good example of a time where the share price may not accurately reflect the underlying value of the company and its various growth prospects?
Thank you and have a lovely day,
Zaz
LastZaz wrote: I've joined Agoracom and asked this question on there. Hopefully Peter or Rodanya can give us some insight on that... will share any response as this is certainly a reasonable question.
Thanks. Unfortunate another drop today; this slow bleed should stop soon as we approach some big levels of support. The selling volume is higher today which is unfortunate to see. In any case, I expect recovery to $11+ in the near term.