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Gold/Mining/Energy : Copper Fox

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To: mudguy who wrote (10210)	5/3/2016 10:19:22 AM
From: Hog Head	Read Replies (1) of 10654

Thanks for the feedback Mudguy. Previous quarter dividend was 59 cents as well (when the stock price was at $6 - a 40% divi on an annual basis). Since then the stock has steadily climbed to double that reducing the annual return to 20%, still 59 cents. 58-59 cents the past 4 quarters. Price is correcting today giving back 5% of the 10% since purchase, but its looking like another down day across the board. I only bought 100 shares, so even if this goes badly its not going to be too painful. Once the SP recovers from the ex-divi date I will set a stop-loss. Is it the higher divi return that concerns you, ie: company stability, or just that I shouldn't expect the good return to continue going forward? I wasn't planning on holding it long term.

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