InvestorsHub Logo
icon url

elkomike

07/08/10 12:45 AM

#135562 RE: overachiever #135543

Do the math.... If the properties are worth 28 billion a company is going to pay around 10 percent. If you take the 28.6 billion times 10 percent divided by 75 billion shares it equals about .0035 cents per share. Go to sec fillings of Barrick, Newmont, or Teck and you can see how some of these contracts are laid out. The dividend makes sense if they sell. I don't know if FFGO is for real or not but it's fun to watch... elkomike