GREY:ADAIF - Post by User
Post by
NSFISHERon Mar 30, 2008 1:21pm
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Post# 14922684
earning
earning"It is the board's present intention that it will allocate a portion of the profits from the Scotia
Mine operations to the payment of a regular dividend to shareholders of the Company although it is
anticipated that most profits will be directed to the development of the Company's advanced gold
properties and to explore the Company's extensive base metal holdings with a view to extending the life
of the Scotia Mine operations" from report page 72 re: dividends
Lets not forget that the mine has only been in production since last year, lots of things to iron out. Also, there is reference to spinning off the gold properties to shareholders...in the CEO's letter to shareholders.
Acadian does have its mitts in a lot of different resources and locations.
So not all great, but if the shares get really hammered, I'm adding..