Acadian Mining Corporation ADAIF

RE: Question about share buy-back

[bungee303]

It may get listed as a proposal to vote on at an AGM, they have discussed it as something they plan on doing eventually.  Not sure if they have to as I own a couple that do this every year, but usually the company just announces they intend a 'normal course issuer bid' and state the amount of shares (%) based on o/s of a given date and give the time frame during which these shares will be bought back.  A full year is usual  so you would not get any pressure on the share price doing it this way.   Hope that helps.