Email Updates

AGORACOM News Flash

AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More

The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

Sonomax® eers™ Custom Earbuds Announces Sponsorship of MUTEK 2012

Mutek provides an essential platform for 150 performers to showcase forward-thinking electronic music programming and new media to more than 25,000 attendees
Read Full Press Release; Read Why Sonomax?
Jump Into Active Discussion Forum
*Sponsor*

CONTINENTAL ENERGY Geothermal Energy Project Receives US$ 11.5 Million Grant Read More * Client

AGORACOM Launches Graphite Stocks Blog

Message: Why buy back 5% of company shares

Reply New Message

Back To Forum Go to List View

Quincy

Rank: [?]

Mail Room

Points: [?]

Rating: [?]

Votes: 0

Currently 0.0/5 Stars.

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

Why buy back 5% of company shares

posted on Dec 08, 06 03:37PM

Why in the world would Portrush which is a non-profitable company use its revenue to buy back up to 5% of its stock shares? Portrush has stated: The source of funds to drill and expand the assets of PRRPF come from oil and gas revenue and private placements of money investments with the company for stock, stock options and stock warrants. Is Portrush gathering stock for a private placement? Is Portrush gathering stock so the stock price will rise and the already granted options and warrants can be exercised instead of expire worthless? Can shareholders have a company management prediction when Portrush will or may become profitable? Has Portrush been established for management and consultants to make a living off its oil and gas production? Is Portrush still debt free? Please answer each question individually, all SIX of them please. Thank You - Quincy

Reply New Message

Back To Forum Go to List View