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Re: None

Wednesday, 12/23/2015 7:55:26 PM

Wednesday, December 23, 2015 7:55:26 PM

Post# of 2315
AUY vs BAX and why I pick AUY.

Quarterly Dividend is the same $0.02

AUY cost $1.89 or pay $7.66 for BAX

BAX just sold off some of it's non core assets but AUY said, nah we don't need the money, our over head is so low, we will just keep it, a Smart Move.

$20k = about 10k shares of AUY or 2400 of BAX depending on when you bought it.

If ABX go's back to say $40.00 a share you sell and Bam you make $96k cool right,

Not so fast, your 10k stocks in AUY also went up to $20.00 a share and if you sell it all, you just made $200,000

Now if your like me and have more then $60k in AUY, you hold and wait for that $20.00 and when it hits $35 in 2017, you wave at the BAX holders and smile.