RE:Share buy backI stand corrected. I misread.
They will/can be buying back ~8,643,000 shares on the TSX over ~255 trading days = ~34,000 shares/day.
They are limited to a max of ~66,000 shares any one day.
They will/can be buying back ~5,149,000 shares on the NYSE over ~255 trading days = ~20,000/shares/day.
Assuming they max out and assuming a share price of $15 USD that would equal an expenditure of $810,000 USD/day or $206 million USD/year or ~$50 million USD/quarter. Net income is currently $20 million USD/quarter. "Looking" has suggested that they have promised more than they can deliver - possibly. Are they anticipating a share price collapse? Silver rocketing to $50/oz? An asset sale? We don't know!