interesting, page-14

sometimes i wonder if the broker that cfe employed for the buyback is holding up the price or are instead depressing the price....

we have already had a 1 year buyback and look at the price...

Now we are in for another year of buybacks.....

All the assets they have and they struggle to get a buyer interested in buying any of them......

Even poor old Pdn managed to do a partial sale to the chinese

Whats the objective here...to buy back as much stock at rock bottom prices and once completed then start announcing some asset sales......

This would very advantageous to those major share holders who would then stand to reap bigger return of capital per share.......

makes you wonder just who is really running this company...the board or the major shareholders who benefited from that very large return of capital the first time around........

This MCC saga over the $80mill appears to be allowed to drag out for an abnormal length of time.....and assists the low buy back price......

At this rate with a market cap of $76,812,292 it looks like Mcc or any of its friends would be in a better position to just make a hostile takeover.......

The one stumbling block is that Cfe is in many countries and has its assets under many different company names.....a real poison pill for a takeover......

The major shareholders at the end of the day call the shots.....

Time for Tony to show some real leadership and start making some profitable deals