OTCPK:HCGI - Post by User
Post by
JRaffleson Apr 11, 2017 12:32pm
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Post# 26107430
C$18 POG increase for 365 days = cost of dividend
C$18 POG increase for 365 days = cost of dividendToday's increase to date of C$18 would be equivalent to C$9m per annum on 500k ounces of gold.
Also, tt 200m shares the proposed annual dividend of 1c per quarter, this costs C$8m per year.
If POG increase can be sustained, then early dividend growth may be expected.