Replies to post #288 on Moydow Mines fka MOY

[longjonsilver]

as i see it the speculation on MOY is this: it is reasonable to expect .80/share dividend given almost 1.20 cash equivilent per share in bank. the stock price rises to 1.20 before the exdividend date then crashes to .40 or less as the market awaits furthur news from MOY. pretty cool though - if it works out to getting your money back and the MOY shares free. MOY then purchases new properties in Ghana - thats where their expertice is no? (i couldnt care less about the botwood basin play) lets face it this company has proven ability to find, prove and sell a property - can it pay its shareholders? thats what im speculating on

longjonsilver