SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Silver prices -- Ignore unavailable to you. Want to Upgrade?


To: goldsheet who wrote (3501)4/1/2001 4:16:59 AM
From: goldsheet  Read Replies (1) | Respond to of 8010
 
FCX pfdB
6 million shares outstanding
quarterly cash dividend based on .000875 ounce gold
matures in August 2003 for the cash value of .1 ounce gold

FCX pfdC
4.3 million shares outstanding
quarterly cash dividend based on .0008125 ounce gold
matures in February 2006 for the cash value of .1 ounce gold

FCX pfdD
4.8 million shares outstanding
quarterly cash dividend based on .0309375 ounces silver
(declines after each annual redemption payment)
When issued it was convertible to 4 ounce silver
Partial redemptions were made in August 1999 (.5 ounce)
and August 2000 (.5) which means it is now convertible into 3 ounces.
Every August you will get the cash value of .5 ounces of silver, until the final payment in August 2006
(effectively it is a self liquidating convertible - you never get silver !)



To: goldsheet who wrote (3501)4/1/2001 12:14:31 PM
From: Claude Cormier  Respond to of 8010
 
Thanks Bob,

You confirmed what I thought.