Yesterday the management at KWG went out and bought 400,000 shares of their own company,thus reducing the outstanding shares and reducing their "float" and in around about way increasing / holding the share value of the stock.
While Noront on the other hand increases the outstanding shares ergo reducing the value of their shares by dilution .
If Noront had a "slush fund " to buy outstanding shares when the share value is low and the volume of shares sold on any given day is also low as it has been for past couple of months.Would that not reduce the amount of out standing shares, building equity in the company and in all probability reduce the probability of the freefall we are now seeing or at the least slow it down???
Would it not also give confidence to the public , institutions and to the shareholders that they have faith in what they are doing??
Just questions looking for answers
(TOTB)