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Re: Melia10 post# 426

Saturday, 11/30/2013 10:55:34 PM

Saturday, November 30, 2013 10:55:34 PM

Post# of 640
The PAAS News Release (11/28) is a good synopsis of the buy-back. Look for a translation of the NR, if it will help you. Tip: at panamericansilver.com you can view the news in Spanish.
For the long-term investor ( and for PAAS mgmt.), PAAS shares appear to be under-valued. However, the price of Ag and Au is volatile ! I'll hold on to all of my PAAS shares ... and enjoy the cash dividend. If the price/oz of Ag falls further, I'm not sure if a ~5% cash dividend is sustainable (?)
GLTA
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