talbot buys yet another 2m shares..., page-7

arthurglaso, they'll not need funding. They'll be up for 65% of about $300 mill to get in to solid phase 1 production where serious revenues start to kick in. I know of a shareholder who asked the company if they may have spare cash with which to do a buyback and the impression given was that they were already thinking about it which would appear to confirm that they do in fact have surplus funds available. On another potential front, I don't imagine they intend mining this for centuries (the greenie in me hopes not) so you would think at one stage they may sell off the rights to mine all or part of some of the other tenemants. With recent drilling on 100% owned land similar in results to Benga, you would think that they could realise the current market cap by this source, though I have no idea whether this is being contemplated.