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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: Mario :-) who wrote (22920)10/16/2010 5:53:47 PM
From: Cogito Ergo Sum  Respond to of 48092
 
Yes if they start making money... expenses go up too unfortunately.. A mine in Canada earns in USD and pays in now higher loonies which has appreciated radically against USD... Was a problem for Canadian oil producers in 2008...



To: Mario :-) who wrote (22920)10/17/2010 10:27:34 AM
From: Tommaso  Read Replies (1) | Respond to of 48092
 
The South African miners used to pay generous dividends. If North American companies start to do so, it will be a huge change. But maybe shareholders could actually force them to do so.


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