Ann: Lac Rainy Graphite Project Fully Permitted for Drilling, page-54

I agree, i think for those looking at a share buy back. Don't think this is what i would say is practical and better to bank the money and use as cash flow for what will be phase 3 i.e proposed 2500m or so of drilling should the results from phase 2 prove to be good.

Share buy backs are really in my opinion if your the likes of apple or some tech company with billions in the bank in Cash doing effectively nothing.

Having a share buy back would only those with a short term interest in MLS and would add to more speculation on the SP.