Eldorado Exploration Inc (fka EDEP)

[Jagman]

TopHat...appreciate the report, but really do not understand his comments about dividends....growth companies do not pay dividends...look at UPL at $46 a share...they don't pay dividends. Some small companies like TELT have a lot of preferred shares held by insiders and basically all the company profits go to the insiders via a huge dividend....the company was delisted to the OTC from Nas because they couldn't maintain a $1 a share. His comment actually make me wonder if he really knows what he is doing public company-wise.....or if he is just telling you what you want to hear because you brought it up. This whole dividend thing just doesn't make sense..... If you want dividends, buy PWE or MPW....they pay about 7-10% yield.

"Tom would like to sell a very small percentage of his shares to buy a house and keep the rest intact as he expects the to live well off the dividends. To quote him pretty close: “I get the $$ from the dividends and get to keep my shares! Why would I not want to do that?”