One of the characteristics behind Capricorn Metals and Evolution...

One of the characteristics behind Capricorn Metals and Evolution that have made them stars is they keep their equity tight and don't issue a lot. US tech companies especially have supercharged their EPS and thus SP's by buying back stock. I wasn't to see Aust mines do the same (BHP & RIO do). Not least because it provides powerful diversification other miners who don't and are always coming with their hands out for capital.

BTW, it was the Legendary Robert Maple-Brown who told me some of the points in the post above about buy-backs. (I think people wanted to kick my ar*e for monopolising his time with questions). Still, there are a few good times to make a fool of yourself and that was one.

All IMVHO.