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Petrominerales Ltd PMGLF

Energy Oil & Gas E&P


GREY:PMGLF - Post by User

Petrominerales Ltd > Buyback
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Comment by pokerbeekson Dec 07, 2012 11:20am
299 Views
Post# 20698609

RE: RE: Re: Buyback

RE: RE: Re: Buyback

PMG bought back 1.56 million shares in Novemeber, however they stopped buying back shares on the 20th.  I'm trying to get a hold of management to understand why they stopped the buyback.  

 

They must be getting close to their max buyback under their NCIB so hopefully that is the reason.  On the other side it may be a liquidity issue or a dry hole issue.  I hope to find out.

 

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