RE:Deep regret : the divi institution was ( as predicted ) a a lot of people like this nightmare 4.4% divi.
nobody is forcing you to hold onto this nightmare, there are many stocks with no divi you can buy.
divi is not preventing gcm buybacks.
divi did not make gold price drop $50 yesterday.
divi did not make petro go up for election.
divi is not forcing fed to raise rates.
divi did not make people panic sell.
if gcm had no divi Brioche would still be complaining that gcm was $4 and say gcm is the worst company in the world for not giving a divi.
divi did not make gdx drop -6.45% yesterday.
divi did not make gdxj drop -8.14% yesterday.
if not happy gcm drop only -4.52% yesterday, then there are many no nightmare no divi stocks in gdxj that will let you enjoy a full -8.14% drop.
Brioche wrote: Nightmare.
Gcm is one of the worst miners since this establisment.
And please to stop saying people can buy gcm stocks with this div.
Not a single big insider did it from the beginning . So to forget for the smalls...
Divi are money lost for the company.
How gcm could have such a rate div as a small producer ? This is totally disproportioned vs the pack of miners.
Whereas if they have kept all this money into their coffer , ( 18 millions cad EVERY year ) ,
Nealy 4.5 ( 4.5 ) millions stocks could have been withdrawn from the market at the today's price.
If you suppose , 50% of the gcm shareholders are true longs , it means every y 10 % of the disponible shares would have disapeared for the gamers ( shorts , etf , algo and so on ..)
Make the maths for 2 y ...
Mngmt take years to search a good spot gold , crushed by poor decisions taken within minutes for supposedly to add value.
It's never too late to correct the shoot.
Remember always abitibi royalties ... +7000% in 5 y just by constant buys back ( without producing anything , hitting gcm mcap ) before to be swallowed ..by a mo..r .on ..and its dil.
Quite often things are very simple.gl