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Gold/Mining/Energy : St. Jude Resources......V.SJD -- Ignore unavailable to you. Want to Upgrade?


To: Edward M. Zettlemoyer who wrote (2832)2/18/2000 8:30:00 AM
From: russwinter  Read Replies (1) | Respond to of 3065
 
By buying back stock in the open market at 55 cents, SJD creates an INSTANT 25% profit for shareholders. Not exactly rocket science. No dividend necessary.

Net cash on balance sheet: approximately CDN 10 mm

Shares outstanding 14.7 million times 55 cents= approximately CDN 8 mm.



To: Edward M. Zettlemoyer who wrote (2832)2/18/2000 10:03:00 AM
From: rdww  Respond to of 3065
 
oh I was just looking for some of that pile of interest money that they get every year to come back to shrholders for putting thier money into a Tbill fund!