So Tourmaline are spewing out Dividends.. and Arc.. are happy with a 3% yield? It's all NCIB.. (Arc is the only company it seems who is buying ARX shares).
I hold this name, but might revisit, was not impressed by their return of capital plan. Also, they seem pretty tight lipped, aren't transparent... "we need more time". "more conversations".
Management acts, builds a vision & executes via mission, action plans, tactics.. they don't seem to have much of a vision.
Agree with MHP.. Terry Anderson probably isn't good enough to lead this company, seems like a couple of jokers TBH, expected more.
~TGC.