Post by
CrashSurvvivor on Apr 05, 2011 9:16am
Buy Back
Can we please stop this talk of a buy back. A buy back is when a company buys its own shares using company revenues. CDO does not have the money to buy back its own shares - I have never heard of any junior exploration company doing that. What has happened is a siginficant accumulation of CDO shares in the open market by someone over the last few months (although this is slowed down of late). Who it is is a mystery right now. The volume is undeniable though.
Crash
Comment by
wildman2 on Apr 05, 2011 10:07am
blackgold said it and he has an ear with the CEO, so I will not take issue with him. He seems level headed, honest and forthright. We shall see.
Comment by
radar17 on Apr 05, 2011 3:45pm
just curious blackgold - that drilling you mentioned for this spring, will they be using a cordless drill? I got one of those and the charge doesn't last very long. On the other hand, considering how little money CDO has I guess a cordless will probably be all they can afford.Don't hold your breath for that announcement....
Comment by
Rambo007 on Apr 05, 2011 4:35pm
They have to settle the rollback issue and financing before drilling