Canadian Small Cap Stocks Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Canadian Small Cap Stocks

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: speculatingvalue who wrote (479)	5/5/2000 7:56:00 PM
From: Gold Panner	Read Replies (1) of 512

Hello... Regarding CUQ-tse.. I don't quite understand the logic in what the company is doing.. they are sitting on $20 million in cash... yet they are going to use that cash to buy back their own stock and then issue more stock (there-by cancelling the effect of the stock buy-back) so they can use it for acquisitions. Would it not be much more simpler to just use that $20 million in the bank to fund acquisitions? There must be a mistake here... anyways... if the other numbers are the way they are... it's worth investigating.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next