Posted On: 03/31/2012 12:00:17 PM
Post# of 8054
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Many on Ihub are speculating a Buy Back to begin. This is from a recent email from BC. Pls do not post in part or full on Ihub board. Thanku
Currently the float is over 4 billion shares and has been since 2010... Any up-ward movement at this time with so many shares out there, would not last long as many of the small investors would dump into it... We are investing in the mine development, thus are not able to begin any kind of buy back until the project is fully developed.. The mine is operating good, we are moving a lot of materials, and expect this to be a banner year for the project..
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