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OBAN MINING CORPORATION OBNNF


Primary Symbol: T.OBM

"Oban Mining Corp is a mineral exploration company. It is engaged in the acquisition, exploration, & development of mineral deposits in the Americas. Its projects include the Marcahui, the Antamayo & the Chosicano."


TSX:OBM - Post by User

Post by Mustlovedogs01on Sep 29, 2021 10:45am
315 Views
Post# 33936556

The answer to the share buy back...

The answer to the share buy back...is short related.  If it were about share reduction or the preservation of capital spent on buying back then OSK would certainly be buying at this level.  Funny, or further validation is that insiders are buying at this level but they stop short of supporting the stock price with buy back or capital preservation to do so!!!  Does it make sence to buy back your own shares, yes in my view when they are undervalued.  The fact that insiders are buying at what they must see as value, yet the company doesn't!  So, my conclusion is...they needed buying at higher levels to short, to bring down the price to cover.  Just my view, but with that smell from the kitchen...I see rodent tracks. Just my view as I wait for a takeout offer to end this misery.  glta
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