RE:RE:RE:Share buyback And another reason why buyback is superior to dividend, while the share price is still low... because who buys gold stocks for income lol. We are here for leverage to the gold price. Start the dividend once the share price is at nav.
something i would be interested to see would be some kind of commitment by the company to sell their production to the shanghai gold exchange, or if their only option is selling to a refiner then sell to a chinese refiner. Somehow capture that SGE premium. Don't sell to a western refinery for comex spot price and then let the western refinery or someone else capture the premium.
SGE gold price consistently well above comex lately. And it would make some headlines i think if the company made a statement like that. Once they are a producer they need to defend their product from the comex manipulators. It's like oil and gas companies speaking out against climate change alarmism.