InvestorsHub Logo
Followers 10
Posts 674
Boards Moderated 1
Alias Born 03/11/2010

Re: newtrader2007 post# 118920

Saturday, 05/08/2010 4:06:06 PM

Saturday, May 08, 2010 4:06:06 PM

Post# of 221872
Thanks for the insight, I don't disagree with you for the most part. However, in truth, I'm not at all concerned about how much gold might or might not be in the ground. Thats something the buyer needs to be worried about, and it appears that a buyer believes that "thar be gold in them thar hills",....regardless of how much is there, isn't the value of anything really how much someone is willing to pay for it? In the case of FFGO, I beleive any value we as share holders try to place on this is pure speculation. My shot in the dark at trying to figure a possible div is based entirely on past attempted sale prices adjusted to reflect the current price of gold. All we really know, if we believe what were told by 8k's and PR's, is that the div will be .003 or better when the deal is done. I have my lotto tickets and am waiting for the main event.

IMHO
GLTA

Dich

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.