Another new low

Welcome To The Inspiration Mining HUB On AGORACOM

The company is exploring for nickel deposits on its Langmuir property near Timmins, Ontario; for nickel-gold-copper on its Cleaver and Douglas properties; and for molybdenum and rare earth elements at recently acquired Desrosiers property.

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tantallon

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Another new low

posted on Sep 28, 2011 03:57PM

Sorry, I must have been sleeping at the wheel. If anyone cares out there, I see this thing touched 13.5 pennies. As predicted this thing will trade based on the value of its cash in the bank. And as it depletes month after month so will the stock price.

And as that price decline continues so will its liquidity. Without the NCIB (which I suspect the firm does not see too much value in itself) the bids will just get weaker.

Why buy back any stock when that cash could be used for more useful purposes like management fees.

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