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Gold/Mining/Energy : Canadian Microcaps

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From: jim heger7/17/2014 9:19:49 AM
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I guess the only question is how big will be the next dividend. This stock continues to be one of the safest, best performing, most promising ones out there:
Vecima Networks Inc. (VCM.TO), an experienced designer and manufacturer of innovative technology in the broadband equipment market, is announcing today that continued strong operational performance in the fourth quarter will result in a further substantial increase to the Company's cash balance. Vecima's stated focus is to derive high profitability using a strategy that aims to deliver high value platform products to the cable MSOs. The Company's cash flow is a metric to gauge our performance. The Company expects that its cash balance at the conclusion of the fourth quarter will be approximately $48 million or about a $6 million increase compared to March 31, 2014. "Rather than waiting until we report year end results in late September, we are updating shareholders today that we believe our plan remains well on track," indicated Sumit Kumar, President and CEO.
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