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Bullboard - Stock Discussion Forum Sailfish Royalty Corp V.FISH

Alternate Symbol(s):  SROYF

Sailfish Royalty Corp. (Sailfish) is a precious metals royalty and streaming company with assets in the Americas. The Company’s portfolio includes Moonlight Property Royalty, Spring Valley Royalty, San Albino Gold Strem, La Cigarra Royalty & EI Compas Royalty. Its primary portfolio consists of three main assets in the Americas: a gold stream equivalent to a 3% net smelter return (NSR) on the... see more

TSXV:FISH - Post Discussion

Sailfish Royalty Corp > This is the Time For Share Buy-Backs
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Post by Fullplate on Dec 02, 2019 3:29pm

This is the Time For Share Buy-Backs

There is no time like the present for share buy-backs. 80 cents Canadian and 60 cents US would seem like the time to kick that program into high gear. I’m guessing that tax-loss selling is playing a part in the price drop, especially with higher volume. If shareholders are bailing at these low prices, let the company buy them up and increase our per share value.
Comment by Fullplate on Feb 25, 2020 1:02am
With the announced sale of Almaden-Nutmeg, it looks like we will finally see resumption of share buy-backs. Nice to see that finally. 
Comment by RECESSION1PROOF on Mar 17, 2020 1:07am
This post has been removed in accordance with Community Policy
Comment by Fullplate on Apr 13, 2020 8:30pm
I’ve seen no evidence of share buybacks in the 6 weeks since the Almaden-Nutmeg sale. I can’t imagine that it would take much effort to buy a modest number of shares each day the price dips below whatever target they set. Maybe we should pay these guys by the hour. We could save on labor costs.  With Terraco, we often would wonder what Todd H was up to. He had a couple of other corporate ...more  
Comment by stockideas18 on Apr 28, 2020 5:08pm
Fullplate, I agree about the share buybacks. And I expect no dividends either, too little income to make that happen. But Mako, wow... they have really put Sailfish in a good spot later in the year. What's happening with Spring Valley project? I learned that the state that Spring Valley is located says that mining is essential business through the COVID-19 crisis.
Comment by Fullplate on May 04, 2020 2:15pm
Waterton was drilling Spring Valley last year. Since they are not a publicly traded company, we don’t get to see any results or learn of their plans. We former Terraco shareholders were expecting Waterton to get Spring Valley/Moonlight ready to market to a senior producer this year. That’s probably still a reasonable assumption. The Barrick/Newmont joint Nevada operations would make the most ...more  
Comment by 2investorknot on May 28, 2020 1:24pm
Agree with you Fullplate...   Waterton closed on the deal in December 2015 so 4 1/2 years later some of us long time shareholders are still waiting for something to happen at Spring Valley.  Maybe someday!