I did buy when panic set in! at $2.60! then at $2.00! now I'm...

I did buy when panic set in! at $2.60! then at $2.00! now I'm panicking!

not really, it's only 1% of my capital and I firmly believe even my higher entry point will be an excellent buy in a couple of years...if we do see a real capitulation may get a few more but what to sell? most of my stocks are "bargains"

They do need to show strong direction re an acquisition, take advantage of the market opportunities whereas a buyback is defensive and only fritters away their competitive advantage over most others in the resource sector.