Strategic Metals starts buying back shares, bullish indication

På engelska den här gången:

Last time they (Strategic Metals SMD.v) did this was back in 2008 with perfect timeing at the last market bottom, see chart:

smdbuyback

I november this year they announced a new buy back program: Strategic Metals to buy back up to 7.3 million shares

About 8% of the total oustanding shares. Another smart move by the company was to acquire land packade next to Atac Resources, this is probably the most promising exploration region in the world right now. They also hold a big position in Atac Resources:

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