TSX:OYM - Post Discussion
Post by
1066UK on Jan 05, 2012 8:04am
re Buyback
I am not aware of anything at Bau that is not public knowledge.
But my opinion about Bau is that Management probably are concentrating on getting gold resources up to levels that would be qualify Bau to be confirmed as a Gold Field. I would hope that this is achieved as quickly as humanly possible in early 2012. Shareholders should be hoping that these resources are at such levels that the definition of Bau as a Gold Field (if achieved and confirmed) transforms the shareprice to levels that are richly deserved, and probably overdue.
My view of the buyback policy is that management are probably reckoning that the shareprice of OYM is grossly undervalued.
1066
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