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Gulf Resources, Inc. Message Board

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  • teva4eva teva4eva May 18, 2011 5:37 PM Flag

    GFRE must buy back stock in order to be taken seriously

    gsrmf:

    You are spot on the money and I agree with you completely. I own 6,750 shares so I am long this stock in case anybody thinks I am a short basher.
    With a firm commitment by mngmt to buyback $10 million of stock and not take advantage now of dirt cheap price seems strange and troubling. They say they need funds to expand production which makes good sense but to be able to buy back their stock at such low levels and not do it makes NO sense. I would like nothing else than for mngmt to explain why gsrmf and my thinking are wrong.

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