Melcor Developments Ltd T.MRD

NCIB

[Malpeque2]

BabyBunny:

Don't forget about me.    I'll be there with you and the Melton's.      Interesting that you mentioned Urbana.   I stumbled across that one too fairly recently.    Bought a few shares. 

I have a list I would be happy to share with you.     Here it is:

ZC
QCA
Urbana
Gobimin
Minco Silver
ELF
EVT
UNC
MRC
MRT
TWC

Some are buying back.     Some are not.     Some say they have a NCIB but take in very few shares.    I think Melcor is doing a pretty good job recently of taking in the shares under the NCIB.  They report these buybacks almost daily.

Would be interested in your thoughts on this list,   and any others you might have that are similar situated.

[Malpeque2]

I forgot one   Aimia.

[Thor16]

Purchased another block.  Looks like the full 5% is in range this year.

[Thor16]

Which is really 10% of pblic float adjusted.

[babybunny]

This retirement of a second and third tranche is terrific news!  I hope the company is offered further opportunities for block purchases.   I urge any large shareholders dissatisfied with Melcor's performance to contact the company to negotiate a block sale. I would still like to see a SIB, allowing 10% of outstanding shares to be retired at one stroke (and repeated every

[longrun86]

Very big blocks indeed! Per the SEDI filing: December 1st: $3,173,725 at $10.99 November 15th: $5,293,679 at $10.91 Sept 15th: $5,713,841 at $12.47 Also worth noting is Tim buying $330k worth of shares on the Dec 1st filing. This is on top of the 1,281 shares being repurchase on a daily basis. Best of luck, LR