Post by
tsoprano24 on Nov 01, 2023 11:00am
Stock buyback
I'm starting to think we would be better off buying back stock down here instead of drilling. We are down, what, 60-70% in past two years of drilling. We keep doing secondary offerings that are at higher prices. So, did they create situation we are in? Regardless, why not buy those shares at half or better discounts? This strategy isn't adding any value. If we are in fact trading below book value, then buybacks would be instant returns on investment. I imagine this will fall on deaf ears, as it did numerous times on Aris Mining. Any insider buying?
T