GREY:PGDIF - Post by User
Comment by
oiltaron Dec 29, 2015 10:20am
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Post# 24416367
RE:DDC Share buyback
RE:DDC Share buybackA DDC buy back is nothing more than a waste of capital.
Lets see I mine out my ore inventory every day down to zero as Jay is uneconomic.So to fool my investors I will do a share buy back on a shrinking asset???
Is DDC is the money management business or the mining business?
Mining companies are valued on reserves not stock buy backs on a shrinking asset base.