Dividend soon?If they were to pay out 17 cents a share in dividends or $80M of their cash flow that would equate to a 5% dividend at these depressed prices....get in now and perhaps they will pay double that in two years which would be a 10% dividend. Oh ya forgot this management doesnt need a dividend they just give themselves a mit full of shares...to bad really, could be a good compnay
Currently trading at $800M valuation
$1.3B market cap less $500M cash
The cote resource alone is 10M ounces