RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Not badCash balance of majors the highest since 2013 and generating very large cash flows based upon existing metal prices.
so i ask the question 'what are they going to do with all the cash they are generating' ?
not all investors appreciate paying out dividends , some want GROWTH....or at least a good balance of the 2!
Share repurchases? Sure - that's an option. Paying down debt? Sure...but when cost of debt in today's enviroment is pennies on the dollar why do that when you can get better return using capital on something more productive.