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Read this guyer:
Mining companies realizing that the bankers are shorting their stocks like crazy are now changing their dividend policy to raise the value of their shares. Yesterday we had news about Newmont. Today it is Hecla mining: (courtesy jim sinclair)
Gold Miners Becoming Land Bank Cash Machines CIGA Eric
The miners will do a lot better than this in time. Soon the public will come to realize the miners as land bank cash machines. While the gold train has clearly left the station, it’s hesistant on the tracks in recent weeks has booted even more passengers.
Many investors will jump on the gold train late and close to the final destination, thereby, ensuring their place as the ultimate bag holders of the great secular bull. The gold shares are picking up steam in September, but few notice with so many screaming for a top. Watch dividends rise and history repeat with little media coverage and fanfare.
S&P Gold (Formerly Precious Metals Mining)* clip_image001
Headline: Hecla Introduces Silver-Linked Dividend Policy
COEUR D’ALENE, Idaho–(BUSINESS WIRE)– Hecla Mining Company (“Hecla”)(NYSE:HL) is very pleased to announce that its Board of Directors has adopted a common stock dividend policy that links dividend payments to Hecla’s average quarterly realized silver price in the preceding quarter.
The initial quarterly dividend under the policy is expected to be $0.03 per share of common stock ($0.12 per year), if Hecla’s average realized silver price for the third quarter is $40.00 per ounce. All dividends, including those in the third quarter, would increase or decrease by $0.01 per share ($0.04 annually) for each $5.00 per ounce incremental increase or decrease in the average realized silver price in the preceding quarter. Subject to Board approval, it is expected that the initial quarterly dividend under this policy will be declared and payable before the end of the fourth quarter and will be based on average realized silver prices during the third quarter 2011. The table below provides an overview of the new dividend policy.
Source: finance.yahoo.com
More…
and for those that missed the Newmont mining dividend policy change:
Newmont Mining Refines Policy For Gold-Linked Dividend PaymentsDOW JONES NEWSWIRES
Newmont Mining Corp. (NEM) has refined its policy for issuing dividend payments based upon the price of gold, making the changes as the value of the precious metal continues to climb.
The world's second-largest gold producer after Barrick Gold Corp. (ABX) in April unveiled a plan to base its dividend payments on gold prices. Rising gold prices have generally boosted the company's earnings results in recent quarters.
Under its new policy, Newmont's dividend payments will continue to be linked to changes in the price of gold, yet will now allow for an additional 7.5 cents a share when Newmont's realized gold price for a quarter exceeds $1,700 per ounce. When Newmont's realized gold price for a quarter exceeds $2,000, an additional 2.5 cents will be merited.
Unveiling the plan in April, Newmont said its annual payout would rise by 20 cents a share for each $100 per ounce increase in the average realized gold price, bringing its annual payout to $1 a share.
Newmont bases the payout on its average realized gold price in the preceding quarter. The company said Monday that at average realized gold prices below $1,700 per ounce, the current dividend policy remains unchanged.
"Newmont's cash flow and balance sheet strength in the current metal price environment provide us with the flexibility and strength to simultaneously fund our internal growth pipeline and return meaningful cash to our shareholders,"
-END-
twist tomorrow... qe3.. flood mkt cgfia breaks triple 7 heads for 001...
system is kaput.....
cgfia u can do it toooooooooooooooooooo.. JUST DO IT!!!!!!!!!!!!!!!
http://www.marketwatch.com/story/newmont-enhances-gold-price-linked-dividend-policy-2011-09-19?siteid=bigcharts&dist=bigcharts
r u ready... shtf...
Gold will gold to the moon!!!!!!!!!!!!!!!!!!!!!!!
http://www.shtfplan.com/george-soros/soros-weighs-in-it-is-necessary-to-think-the-unthinkable_09192011
Companies and land purchases......
I likeie cgfia...
http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100011987/china-to-liquidate-us-treasuries-not-dollars/
game change.... the scum running etfs' rebalance and drive juniors......
http://seekingalpha.com/article/293249-reacting-to-a-rebalancing-of-junior-gold-miners-etf?source=yahoo
pockets.. yes xmas is coming...
http://www.zerohedge.com/news/morgan-stanley-releases-definitive-gold-stocks-report
Non "official" shorts likely to be overrun.
This trade is attempting to draw an institutional "crowd".
we are coming for you... cgfia!!!!!!!!!!!!!!!!!!!
http://www.tfmetalsreport.com/blog/2256/page-turning
cgfia will be up and running before end of oct.
The system will implode next month....
Gold will be revalued!!!!!!!!!!!!!!!!!!!!!
ready .. cwrn going to explode.. china will allow banks to lend more.. china going big time...
relax.. your time will come...
As Café members have been made aware, the Eastern gold buyers have additional competition due to the enormous physical market buying by THE STALKER ("gold buying group"). Without getting into many details, I want to stress THE STALKER is real. My source’s good friend has attended a meeting with this "gold buying group," or his agent. I say "or" because THE STALKER is very secretive and does not want to be known publicly, even to the sellers from whom he is buying.
Both my source and I strongly believe the gold buying is of Chinese origin...
hahahah.
russia and china know.... the u.s. will stay in denial even when gold is revalued.....
53,000.00 an oz is fine with me.......
go cgfia.....
http://www.gata.org/node/20
gold... 53,000.00 an oz.
To monetize 100% of the outstanding public and
private sector debt in the U.S., the official government
price of gold would have to be raised to more than
$53,000 per ounce.
¦ To monetize 50%, the price of gold would have to be
raised to around $26,500 an ounce.
¦ To monetize 20% would require a gold price a hair over
$10,600 an ounce.
¦ To monetize just 10%, gold would have to be priced just
over $5,300 an ounce.
why gold will explode now!!!!!!!!!!!!!!!!!!!
A house divided against itself shall not stand.
What is happening here?????
HFHA consolidated Freddie and Fannie Krueger. Now suing the crook banks when F&F were/are the biggest crooks of all.
au now 1903.00
Cover:
Old saying better dead than red... hahaahaha well guess again..
if you have gold you're covered....
China is moving on RED!!!!!!!!!!!!!!!
RENMINBI
EURO
DOLLAR
and they'll basket them with gold.
send em in..
Fund mgrs...
have no place to turn except precious....
Time to call in the clowns....
http://ampedstatus.org/full-blown-civil-war-erupts-on-wall-street-as-reality-finally-hits-the-financial-elite-they-start-turning-on-each-other/
For educational purpose only:
1. Bank of america is finished... bankrupt.
2. even way back then the nazis knew how to destroy a country...
destroy the currency.....
U.s. has done same with$$$$$$$$$$
http://movies.yahoo.com/news/wwii-portraits-jewish-counterfeiters-donated-191613079.html
hahahahah.
At a wedding party recently someone yelled,"All the married men please stand next to the one person who has made your life worth living."
The bartender was nearly crushed to death.
This crisis can only be ended by a massive revaluation of gold, either directly, or through money printing as the official policy of the US Treasury & Federal Reserve. The bottom line is that the crisis can’t be solved, but it can be ended. It ends with the marking to market of the real balance sheet of the world, which means the average person is marked to extreme poverty.
http://www.321gold.com/editorials/thomson_s/thomson_s_083011.html
This is for educational purpose, nothing else......
'Gibson CEO: US Government Attacked Us'. (Gibson guitars, btw).
1/
why r we here!!!!!!!!!!!!!!!!
Because""""" A THING FOR A THING CANNOT BE THE THING!!!!!!!!!!!!!!!!
A federal reserve note is not a dollar... we all know what a dollar is...
When the idiots of the world wake up and realize they r slaves to the system they will run for gold... more sooooooo to silver because it's the last precious with a lower value right now...
It's coming the GREATEST SOCIAL DISEASE WILL BE TERMINATED.... FIAT CURRENCIES... It will change to a new basket but this time GOLD WILL DOMINATE........
Banana note dies... and if u think that a thing for a thing is the real thing ... take a bite....
China rules gold!!!!!!!!!!!
Get on board cgfia....
http://www.goldmoney.com/video/naylor-leyland-turk-interview.html?gmrefcode=gata
this is old but good.. nss.....
naked short selling... and it still is going on!!!!!!!!!!!!!!!!!!!
http://vimeo.com/1942860
once permit then this could happen...
http://www.rttnews.com/ArticleView.aspx?Id=1700950&Category=Breaking%20News&source=esadlfhlnal0001&lidx=1
why wait.. buy it out @ 35.00 hahahaha
cgfia is going much higher... once mill opens then you will start seing results @ mines.... same as mdw pr'd today.
just relax.. let them run gold down to 1680, it's okay...
the jackass sees it too.
bond carry trade and ftds' same as naked shorts....
http://www.gold-eagle.com/editorials_08/willie082411pv.html
as my friend old king farouk would say, farouk you too....
Bought a gem proof 3.00 u.s. gold from him when he was living....
good ... more good news....
raise em high.. u can't stop it in Dubai... hahaahahahahahahaha
http://blogs.marketwatch.com/thetell/2011/08/24/cme-raises-gold-margin-requirements-again/
if u own au/ag stocks/physical or anything related to metals just relax. this is a down draft in a bull mkt, this next leg, wave 3 will go into the thousands for gold.. just relax... They just raised mgr on au to 9,450 per contract, chicken chit for big bozs but will bull spec out.. could get more downward selling. relax. wait for cgfia news, then laugh insanely.
did u know au would sell off more this a.m.? and to what price?
haahaha.. chinaman and czeck knew.
buy au 1760 -- volavka, Wednesday, August 24, 07:23:31am [1]
buy
change the name of pow to pous..... pride of united states...
mill me......
http://www.bloomberg.com/news/2011-08-23/kazakhstan-gives-central-bank-priority-right-to-buy-gold-1-.html
We need the permit!!!!!!!!!!!!!!!! no better pr than production.... it's over due....
U.S. mint stops all sales
http://mintnewsblog.com/2011/08/all-us-mint-numismatic-gold-coins-suspended/
2011. next stoppers
1912 now... it just keeps growing on you.