RE:RE:RE:RE:Comparison of Companies/ Good and BadFreddy, as far as I remember gold mining companies who were mining and making a profit always paid a dividend, and spent some money on drilling new resources.
Isn't that's what you are here for... to make a profit from the gold mining.... or is it just share value you want.. I'm of the opinion MMY has maxed out in share value... unless the gold market explodes
MMY has made a tremendous amount of money duing rit's mining career, but has somewhat wasted shareholder value by their indifferent actions.
How much money did they make from the oxide Au at Selinsing.... how much did they blow on Mengapur, properties in the Congo, properties in Australia which could have been put into production from day 1. They have all the equipment they need in Australia for leaching the Au ore into gold.
I really don't believe any of those deals were at arms length.... fraud... I don't know?.... so I will not say that.
We can go on and on..... not one cent has ever came back to the common shareholders.... it looks like past and present officers of the company have been the biggest leeches known to the market....just plain greed.
.... If MMY ever gets some daily trading volumne.....I'm gone
,,,,, Richard