IMO its high time management seriously consider introducing small buyback as EXS is trading below its cash backing. With $60M in the bank at these prices $10M could buy one fifth of the company’s shares. Whenever you can buy $1 for 80c or 90c why not do it. At the end of the day having less shares on the register could only mean more value for shareholders.
2012 drill results, page-7
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