RE: fact is: T.CAA is the Hello grumblers,
The fact is, Roland Butler cares more about enhancing the financial strength of CAA than he does about the share price at any particular time.
As to the $800g payment, I suspect it was to unwind a previous contract with a former Director that gave !0% of any proceeds from the lawsuit to that particular Director. This contract was done long before R. Butler became involved with CAA. Butler negotiated an exit from that ugly contract.
Insider reports show that the last stock paurchase by CAA was July 03-8000 shares at 2.16. That is almost 2 months ago. It has ocurred to me that Caa may use part of cash flow to raise the dividend in lieu of the stock buyback. Just speculating but it fits-sort of.
That deal he did with GRC is a beauty. Worst case we get 10% and best case we get a huge chunk of royalty on a great gold mine.
The small mining market is utterly depressed and Roland will only go for absolute bargains. He is extremely patient and if you want to be a happy CAA shareholder you have to groe a lot of patience to fit in with the program.
If you are sincerely concerned just call Roland at 1-709-535-3433. But I suggest you prepare your questions in advance.
GLTA
GRIZZ