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To: Canuck Dave who wrote (112905)4/28/2008 2:49:15 PM
From: Rocket Red  Read Replies (3) | Respond to of 312739
 
Bikini Village arranges 13.74-million-share buyback

2008-04-28 12:18 ET - News Release
Shares issued 172,677,515
GBV Close 2008-04-25 C$ 0.075

Mr. Yves Simard reports

GROUPE BIKINI VILLAGE INC.: NORMAL COURSE ISSUER BID

Groupe Bikini Village Inc. intends to proceed with a normal course issuer bid. Under the bid, the corporation may purchase up to 13,740,779 common shares of the corporation, representing 10 per cent of the public float as at April 22, 2008. The bid will commence on April 30, 2008, and may continue to April 29, 2009. The shares will be purchased on behalf of the corporation by a registered broker through the facilities of the Toronto Stock Exchange. The price paid for the shares will be the market price at the time of acquisition, and the number of shares purchased and the timing of any such purchases will be determined by the corporation's management. All shares purchased by the corporation will be cancelled. The corporation currently has 172,677,515 shares outstanding. During the past 12 months, no shares were purchased by the corporation.

The average daily trading volume of the shares over the last six completed calendar months was 210,534. Accordingly, under the TSX rules and policies, the corporation may, on any trading day, purchase up to 52,633 shares. Once a week, in excess of the daily 52,633 repurchase limit, the corporation may also purchase a block of shares in accordance with TSX rules.

The directors of the corporation have concluded that purchases of up to 13,740,779 of the issued and outstanding shares are an appropriate and desirable use of the corporation's available funds and, therefore, would be in the best interests of the corporation. As a result of such purchases, the number of issued shares will be decreased and, consequently, the proportionate share interest of all remaining shareholders will be increased on a pro rata basis.

We seek Safe Harbor.



To: Canuck Dave who wrote (112905)4/28/2008 3:30:33 PM
From: LoneClone  Read Replies (2) | Respond to of 312739
 
The only zinc stock that has held relatively well is HBM due to its low cost production thanks to byproduct credits, but that also means there is less upside on a zinc revival.

I managed to sell my BWR warrants and most of my common at higher prices, just a have a small placeholder of BWR shares left.

ZNC, MMG, LTH, & SWN all seem to be bottoming around current levels, but when they will start moving up is anyone's guess.

I wonder what's going on at Yahoo. When I check the French and US portals, there is no news at all for my portfolios, even stuff that was there Friday, while on the Aussie and Canadian portals they are only up to Saturday. Either Yahoo's IT team is sweating hard right now trying to fix things, or their financial problems are worse than we have heard and they can't afford the feeds anymore. I guess it's time to check out Google Finance, because Stockwatch is too expensive for me and my 75 watch lists.

LC