Black Cat share buyback strategy

The Black Cat is in the enviable position of now accumulating cash reserves, and the plan of holding some of these reserves in gold is excellent.

‘Fiat (paper) currencies are dying and if you don’t hold physical gold or silver (money), you are going to be on the short end of the stick. Any investment that is dollar dominated is like climbing an escalator that is going down at 8.5% compounded annually.’

The Black Cat can report each quarterly on the value of its physical gold holdings, and the profits and losses on this strategy.

There is an additional, possible Black Cat strategy. Let us assume that Black Cat is a billion dollar company, with 3% shorts, valued at say 30 million dollars, with these shorts hanging out in the background shadows, like vampires, and piranhas. The shorting business model, in times of low liquidity, is to try to get the market moving like a stampeding herd, in a downwards share price direction, with everyone in fear, ‘don’t catch the falling knife’! This happened recently with the Cats 40% collapse in the share price.

However, if the Black Cat had a 30 million dollar share buyback program, with upper limits on share price purchases, then in moments of low liquidity, the Cat can purchase the falling shares, deliberately designed to ‘collapse’ the market. The shorters have now had their teeth removed, and each quarterly, the Black Cat can report their profits and losses, on their buyback strategy. In a general share market trading collapse, this buyback program is not triggered, as it only hoovers up the 'low gold price shares', placed with the intents of swindlers.

Over the past few years, NST, when faced with their own shorting problems, did this strategy, and they were proud to announce, every quarterly, the profits they made on their share buyback program.

And for all those old timers, who claim that gold mining companies should just sell gold,and never bother with the markets, I say that times have moved on. It is time for the gold mining companies to protect their companies,from ‘vampires and piranhas’!