eik's stock talk

[eik]

If foreign company (Aurus) has Russian division (Krong) it owns all the product (gold) produced and money generated. Of course, Russia has restrictive rules about the ways you can sell gold (only to Russian banks if nothing has changed recently), convert and transfer currency, but anyway - it's yours after you followed the rules and paid taxes. Aurus can use Krong's proceeds to buy equipment, acquire assets or businesses in other countries (like hotel in Spain), etc. This is, of course, if we are talking about real legally operating business. I agree with your "stock market is casino" statement and often use it myself but the level of gamblers attracted to participate is different for different houses. When you buy blue chip at least you have an illusion of ownership. Basically, gambling is paying to the house for hard work of creating illusions... and pinkies don't work too hard - they just "copy & paste" and want to be rewarded for this. BTW, if you know one Pink Sheet stock that actually paid CASH dividend please let me know.