SWK 0.00% 30.0¢ swick mining services ltd

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  1. 3 Posts.
    Yeah I was tricked into double checking after that comment. It will be far longer than 7 days at the current rate. It's been approx. 3.5 months since the buyback began. The original announcement stated up to 1 million dollars will be bought. As per the last announcement a bit under 700k has been bought. So at the current rate there's still over a month to go as far as I'm aware.

    I originally bought this stock at around 23c considering it good value at that price. Strong financials with ore explore aside. The last financial report stated ore explore should be breaking even before too long. Once that happens the company will already be amazing value let alone any profits coming from ore explore.

    So naturally I loaded up around quadruple my original investment when I saw how far it dropped. Very excited to see how this one will go with strong gold prices and minimal coronavirus impact making the recent drop entirely illogical IMO. And with ore explore finally coming towards fruition I'd have expected the price to have increased not drop under normal circumstances. So I guess anyone getting in at the recent low has the all powerful coronavirus panic to thank.
 
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