RE: All Silver Producers to the Woodshed Today Kpaul, I am sorry, but I differ on the buyback policy. As you will notice with this type of a market does not matter what you do you will still loose, as you invest in resource sector it will show you clearly that you are holding more per share than before. Rewards you are not picking right away, quite often is when sentiment turns positive in your favour, as I spoke about it in the past. You forgot one basic thing, FR was already in a slaughter share after announcement of the intention of acquisition. How would they be looking if they were still in acquisition, shorters could have heyday. I wouldn't be surprised if they were already under $10.00.
Announcing buyback shares, they hold very nicely for a short period of time, but overall the market overwhelm them. Policy of buying back must be used for a prolong time to gain confidence of the shareholders, only then you will notice significant difference between miners. Mike Rossi from TOU proved that many times. He is already in a process of building up successful second corporation.
I don't know how you calculate the valuation of the company, but I have already mention how I am doing. Only this way I know if I am being cheated or not.
I will give you some concept posted IAE by NAKA2112, and I am sure shorters will hate that, but that's fine with me.
https://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&m=32412324&l=0&r=0&s=IAE&t=LIST