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saturn_five

11/30/13 10:55 PM

#427 RE: Melia10 #426

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