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TomSawyer

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TomSawyer

Re: SevenTenEleven post# 185420

Thursday, 10/20/2011 8:53:09 PM

Thursday, October 20, 2011 8:53:09 PM

Post# of 221984
No it's not. No one is getting any interest. This has to do with liquidation. Not "holding" shares. From the FFGO/NMGL filing itself...

"The annual non-cumulative dividend preference for both Series A and Series B Preferred Stock is 3% of the respective liquidation preference. Both the Series A and Series B Preferred Stock may be redeemed by the North American Gold & Minerals Fund at any time after January 1, 2011 at a cash redemption price equal to the liquidation preference. "

Disclaimer: My posts should not be construed as investment/trading advice and is not meant to be a solicitation or recommendation to buy, sell, or hold any securities mentioned. Please perform your own due-diligence and make your own investment decisions.

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