RE:RE:What to do with $100 million?auburn2 wrote: They won't buy back shares. If they buy someone they're going to need even more capital, and they're already in a tight place in terms of timely bringing Banfora into production. But the cash position nourishes excellent sleep even if you have a rather outsized TGZ position.
Don't figure they will do share buyback but does change dynamics of what can happen. Cash is King for these next few weeks. Looks like flood of news coming from region in coming weeks. Lots of companies due to be releasing updated reserves and drill results.