RE:RE:RE:RE:NCIBBook value is $115M, while current market cap is $60.9M... there is NOOO project that is anywhere near as accretive to existing shareholders than buying back their own stock. Simply buying back stock up to book value would be a 89% return on capital... far better than any return this management team could drive.
They have the cash to execute on NCIB, yet they haven't bought anything since their 'whopping' $23k purchase at $1.40 back in December.
Something fishy is going on here. Corporate Governance is severely flawed and I think an investigation is around the corner.