The Buyback ContinuesFrom the recent Canadian Insider report, Morien bought back and subsequently cancelled 364,000 shares in thr period October 23-27.
During this 5-day period only 423,000 Morien shares shares were traded on the TSXV, so the buyback represented 86% of the trading on these five days!
Of these shares bought back 200,000shs. were bought at 62 cents and 164,000shs. were bought at 63 cents.
With all this buyback activity and the mine approaching full commercial production, the quarterly report, to be issued later this month, should make interesting reading!