RE:RE:RE:RE:Energy spells *** Opportunity ***Also, can you please provide your opinion on share buybacks?
We didn't hear you the first 350 times you stated it this week...
Trapped wrote: * Loosing should be *Losing
* Evaluation should be *Valuation
William, you must have a Leakey brain. You're an illiterate pump-and-dump artist who's way too excited about promoting a $6 stock.
MyHoneyPot wrote: I appreciate what your saying, but no one hold a stock for 30 years.
The share buybacks simply evaporate capital off the balance sheet, and the company is worse off from an enterprise value not having the capital on the balance sheet, as well as being less attractive for a take over.
The ability to provide dividend and special dividends or have cash on the balance sheet should demonstrate the return in capital on the assets, and loosing 14 million dollars in Q2 should not be necassary.
Share buyback occur when a company has cash on hand and buying shares to me is not returning capital to shareholders because of the share value risk. It just adding executiion risk on top of normal investment risk.
I don't believe in 30+ years evaluations and in mining they never use more than 25 years when considering mine life.
I don't subscribe to the share buyback theory....
IMHO