RE:RE:RE:NCIB This is the correct thinking...Management would be reckless to start a dividend without an NCIB that was substantial....many people are still down on their investment and are sitting on a capital loss...giving them a taxable dividend on top on that unrealized loss many have is crappy tax outcome..GLTA
ppp wrote: IMO, they should buy back shares till they hit 15 a share, fair value at the moment!! WCP been buying back all along. What do we want as share holders? fair market value or a div. I take buy back ,50% gain and less shares they have to pay a div to. So pay down debt buyback, and then a div .