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Wednesday, 05/20/2015 7:19:26 PM

Wednesday, May 20, 2015 7:19:26 PM

Post# of 635
PAAS reducing cash dividend by 60% ... in order to fund major expansion of Dolores Mine. (Dolores is in Chihuahua, Mexico ... Sierra Madre. )
Hopefully , " Some short-term pain, for good long-term gain. "
Might have to wait until 2017 to see a nice return on the Dolores investment.
(Possibly a 40% to 50% increase in Ag + Au production.)
PAAS still seems like a very good long-term bet ... I'll continue to hold all of my shares.
I see one pro analyst has updated his "educated guess" to : "underperform w/ $10 price target."
For the past couple of years, many shareholders have enjoyed the generous cash dividends from PAAS$$$$
GLTA
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