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Samco Gold Ltd V.SGA.H

Samco Gold Limited is engaged in the identification and evaluation of opportunities to acquire interests in other assets or businesses. The Company was involved in the acquisition, exploration, and development of precious metals properties in Argentina. The Company has not generated any revenue. The Company's wholly owned subsidiary is MedCann Europe Limited.


TSXV:SGA.H - Post by User

Samco Gold Ltd > Anyone in?
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Comment by oilgashappyon Jan 17, 2015 12:09am
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Post# 23330796

RE:RE:Anyone in?

RE:RE:Anyone in? Do you think that they will get the full $244M? The award is for 15% of the dividend Yamana/NTO received from Alumnrera + accrued interest from 2003 to 2014. There is an added kicker for future potential dividend till LOM at 2019. From Yamana, this is what I get for the dividend from 2008 to 2013: ($34.0M+$51.5M+$61.5M+$71.5M+$0.00+$27.9M). Do not have data for 2003-2007, and 2014. That's a total of $246.4M. Look like the grantor/director will get his $50M, how much would Sambo get?
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