RE:share buybacksGood points on share buybacks. With that said, IMG has about .5 billion and YRI has about a billion shares outstanding. I use to own Yamana from 2005 ish to 2012 ish then sold for a good profit. Those were good years in golds and rose during that time.
I agree, would rather have some of these gold companies start buying back their float instead of dividends to get the price to move up. It is puzzling on low prices we have in gold companies considering gold price is at historic highs over the last 10 years. Mixed overall on gold and forms a small part of my portfolio as not betting the farm on gold by any means. Take advantage of the uptrends which have studdered since the summer.