Thanks Andy
Mate you should have said to him that there buy back methods has created uncertainy .For one when I contacted them they told me the broker was doing it in away that would benefit share holders.He gave me the idea they were trying to manipulate the share price down to get them cheaper.I have noticed the flow of news has slowed as well.So the should either come out and tell share holders there not going to proceed or start doing it on a daily basis .They amount of cash it would cost to buy 10% of the company at this level is not that high maybe one quarters profit.Not really much of a set back.As for a divy they don't pay one.Cash in the bank is great but at this stage the mine life is what 6 years.I know they are drilling for more gold there.Although SA does look promising there would have to be a CR to pay for a plant.I still will hold I do believe in the management but of late the transparency has been lacking somewhat.IMO
- Forums
- ASX - By Stock
- operational update from goldstone.
Thanks Andy Mate you should have said to him that there buy back...
-
- There are more pages in this discussion • 43 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)