If people keep selling them cheap shares it is a smart business move to keep the buy backs going. Wonder when the cheap shares will dry up? I hope price goes up soon so when they force me out I get good money for my shares.
Since Perron has such a negative outlooks near term for Moly would it not have been a smart move for TC to hedge (pre sell) part or all of it Moly sales when the price was 14? Does any of you think that might have been done. If so I would think that would be announced at Q2 conference call.
If so that could be the first smart move he has done since taking over.