RE:RE:RE:RE:RE:Hourly UpdateAgreed 110 %. I think the renewal in May of NCIB was just a matter of fact initiative. But co. will not deploy. I would use the funds + growing cash balance for an acquisition of Urban Barry camp outright.
I always thought KL would have bought Atlantic Gold and mentioned it here a few times. In the end St Barbara bought them out a few weeks ago. You could tell by the zero insider activity at Atlantic past few months.
I read the "KL Deal Room" press release...interesting that South America is mentioned as a criteria...only project I like is Continental Gold's BURITICA project. Huge run today + 12 %...and at 4 PM, Eric Sprott announced his $ 25 M USD Investment in CNL.
Interesting times. I doubt though KL would buy them though.
KL should grow organically and buy out Urban Barry camp before going outside of Canada/Australia.
JIN
bob333666 wrote: I forgot to add, that we really don't need to buy back shares. It would take a billion dollars just to move the EPS needle a bit. Better to use the money for the divy, making new discoveries, or Windfall. IMHO