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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: re3 who wrote (89869)	9/21/2002 4:38:06 PM
From: goldsheet	Read Replies (1) \| Respond to of 116845

None of them are simple. The most important thing is that they pay cash based on gold and silver prices, and not directly in precious metals. The gold pfds (b/c) pay quarterly dividends based on the gold price and have a redemption value of .1 ounce at maturity The silver pfds (d) pay quarterly dividends based on the silver price, along with an annual dividend equal to .5 ounces of silver. They were issued convertible into 4 ounces, 4 annual dividends of .5 have been paid, leaving 4 more .5 ounce payments. Here's last dividend declaration: biz.yahoo.com You need to dig deep in the footnotes of the 10K for exact terms and conditions.