Huntwicke Capital Group Inc (ID) HCGI

Financial Services Asset Management

Magnolia Lane Income Fund formerly known as Magnolia Lane Income Fund is a real estate investment arm of Magnolia Lane Financial, Inc specializing in acquisition of properties in small markets. The firm develops property, syndicate, manage, and acquire property for capital appreciation. It previously operates as a stock agent in the wool trade. Magnolia Lane Income Fund was founded on 12 May 2009 and is based in Topsfield, Massachusetts.

OTCID:HCGI - Post by User

Huntwicke Capital Group Inc (ID)

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Comment by R_J_on May 15, 2017 4:36pm

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Post# 26246630

RE:RE:RE:Kirkland Lake Gold Announces Normal Course Issuer Bid

Kirkland Lake Gold Announces Normal Course Issuer Bid
[ News Release - Official PDF version ]
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https://s21.q4cdn.com/967674075/files/doc_news/Kirkland-Lake-Gold-Announces-Normal-Course-Issuer-Bid.pdf
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Louis James Comments
Quote:
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We’re not generally in favor of share buybacks.
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There’s almost always something better that could be done with the money.
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That said, just because the company has filed the papers needed to make it possible for them to buy shares back, that doesn’t mean they will.
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And the reassurance that there is a substantial buyer waiting if the shares drop unreasonably low can measure investors and help support share prices.
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Regardless, the company can afford to buy quite a few shares without threatening its operations, so we’re not concerned.
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We like this company a lot, . . .
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End Quote.
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RJ

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