IDC indochine mining limited

hal2000,The buyback was in response to 1and2s about the notion...

  1. 816 Posts.
    hal2000,

    The buyback was in response to 1and2s about the notion of one occurring.

    Share consolidation does nothing to change the value of the company. Just makes the shareprice look nice. Does not protect you from share printing and dilution. You are treating it like a magic wand to wave away future share issues that will need to come from $40m till production (5m/quarter for 2 years).

    Anyway i give up talking to you. The record is here.

    Future readers beware. Proven this guy wrong on cashburn and poor understanding of what share consolidation is.
 
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