Agoracom: Small Cap Investment - Prodigy Gold - Re: $30 millon making nothing

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$30 millon making nothing

rico

Dec 13, 2008 03:55AM

Re: $30 millon making nothing

shilohap

Dec 13, 2008 04:28AM

Ganalane

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Re: $30 millon making nothing

in response to

$30 millon making nothing

rico

posted on Dec 13, 2008 02:12PM

Sorry Rico, I disagree 100%. Cash is KXL's strength right now. Share buybacks are best for Co's with incoming cashflow to return that profit to investors instead of a dividend, which would be taxed. Use the $ to keep drilling, maybe at a greater pace if costs due to DEFLATION continue.

3 Recommendations

Re: $30 million making nothing-Ganalane

fdrake

Dec 13, 2008 02:20PM

Re: $30 millon making nothing

rico

Dec 14, 2008 05:19AM

Re: $30 millon making nothing

Portee44

Dec 14, 2008 06:05AM

Re: $30 millon making nothing

hrattle