RE:I feel frustration coming on ...The other side to the frustration is that every frustrated share holder who sells currently are sending their shares to the land of nod. Low stock price is just a good chance for the NCIB to soak up shares forever in the cancellation process.
My thoughts on this are that we are protected from any significant share price decline and basically as the price declines existing shareholders get what amounts to more shares in the profit as the float decreases. Why pump it up if you can just buy it?
Jun 1/17May 19/17Morien Resources CorpDirect OwnershipCommon Shares38 - Redemption, retraction, cancellation, repurchase6,000$0.520
Jun 1/17May 8/17Morien Resources CorpDirect OwnershipCommon Shares38 - Redemption, retraction, cancellation, repurchase17,500$0.520
Jun 1/17May 5/17Morien Resources CorpDirect OwnershipCommon Shares38 - Redemption, retraction, cancellation, repurchase20,500$0.520
Jun 1/17May 4/17Morien Resources CorpDirect OwnershipCommon Shares38 - Redemption, retraction, cancellation, repurchase29,500$0.520
Jun 1/17May 1/17Morien Resources CorpDirect OwnershipCommon Shares38 - Redemption, retraction, cancellation, repurchase-62,500 Jun 1/17May 1/17Morien Resources CorpDirect OwnershipCommon Shares38 - Redemption, retraction, cancellation, repurchase-31,000