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paunch13

07/05/10 9:31 AM

#134426 RE: AlanC #134424

AlanC,
If lowenthal paid .0035 I would guess he would expect at least 100 % profit and that would make the price at least .007
Dave told me on thersday that he expects an update on July 05 and that would be today
John
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tommmm

07/05/10 9:32 AM

#134427 RE: AlanC #134424

oh no.. im not doubting the last part of your post at all.

All im saying is - one more time :);

Based on a goldprice of $1250/oz the dividend will be $0,00357.

Wat i am going to say now is not exacly correct but about 88% correct (the number don't add up exacly 1 on 1);

For every percent the goldprice rises the dividend will rise 1%, the same will happen is gold goes down (but the other way around offcourse).

So for a 'much' higher dividend we need a 'much' higher goldprice.

--

The 'added value' you are looking for will be in pps rise imo!

GLTU

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READ THIS GOOD ALAN; and you will see what i mean

From the FFGO pr;
The price of gold having recently advanced as high as US$1,249/oz before backing off to trade at just below US$1,200/oz, is fueling speculation for the potential of an increase in the value of the dividend of nearly 19%. Should the price of gold consolidate here and makes further advances to achieve the US$1,250/oz level, that would represent a 19% increase over the projected value of the dividend which was originally priced out at a Gold price of US$1,050/oz; translating to US$0.003 per share of the Company's Common Stock.