Bullboard - Stock Discussion Forum MAG SILVER CORP. T.MAG

Alternate Symbol(s): MAG

Metals & Mining Silver

MAG Silver Corp. (MAG: TSX / NYSE A) is a Canadian exploration and development company focused on becoming a top-tier primary silver mining company, by exploring and advancing high-grade, district scale, silver-dominant projects in the Americas. Our principal focus and asset is the Juanicipio Property (44%), being developed in Joint Venture partnership with Fresnillo Plc (56%). Juanicipio is... see more

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MAG SILVER CORP. > Dividends

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Post by looking on Mar 27, 2024 2:39pm

Dividends

I was unable to listen to the presentation today. Was there any mention of dividends to shareholders in the near future?
Thanks in advance

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Comment by Retiredgeo on Mar 27, 2024 4:36pm

No word. A distant possibility. I suspect that they want the bank balance over $100 million USD first.

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Comment by BenderRodriguez on Mar 27, 2024 5:39pm

You can listen to the webcast at : https://event.choruscall.com/mediaframe/webcast.html?webcastid=9uMqwdbn George did mention the possibility of a NCIB sometime later this year, once the cash balance got to be about 90M+ (it was mentioned during the Q&A at the end of the questions by the first analyst). All you need to know is it's a cash machine for the next 10 years at least. ...more

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