SNX 29.3% 5.3¢ sierra nevada gold inc.

snx-buyback, page-4

  1. 3,353 Posts.
    I think probably the most positive thing that could happen for this company is for them to buy for 70 cents cash, a share that is worth 95 cents cash (or whatever the figure is), and then cancel it.

    This is the only way they are going to creaste wealth for the sh'ers in the short to medium term. And it is a more effective way to use the cash than a straight payout.
 
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