Post by
harvester on Nov 28, 2023 3:27pm
My gut
is telling me we're at the onset of upticks and heavy volume.
Glta
Comment by
goldens on Nov 29, 2023 8:31am
Not sure about that but $3.80 is the price needed to keep the Dividend so the odds of it getting cut or reduced after the next quarter have dropped dramatically. Given that you have one of the top producing copper mines shutdown might just put us in a copper deficit rather than a surplus. We may see $4 and that is very good for us. Just my opinion and GLTA.
Comment by
Lucentio on Nov 30, 2023 11:38am
Prudent to have the NCIB but they don't have to buy any. Build the cash on hand first and of course keep the 12c Cdn divd.
Comment by
goldens on Nov 30, 2023 3:30pm
They will build the cash pile back up to the $25 Million mark before buying back any share in my opinion. That could happen after next Q if things keep moving in the direction they have been over the past couple of weeks. Just my opinion.