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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: ralfph who wrote (312163)10/29/2025 11:27:59 AM
From: kidl  Read Replies (2) | Respond to of 312215
 
WGX could do it very easily with $470M cash on hand but for some reason is keeping the $50M loan.



To: ralfph who wrote (312163)10/29/2025 12:13:35 PM
From: LoneClone3 Recommendations

Recommended By
jazzlover2
onepath
ralfph

  Read Replies (2) | Respond to of 312215
 
And the only reason ARG's dividend yield is so low is because the share price has increased so much. We shareholders are winning both ways. It's nice to see the dividend increase, and if copper prices stay strong, as I expect, there will likely be a special dividend next year.

And another great update from RIO on the construction of the Fenix gold mine, kinda boring actually because everything is going well. I was originally planning to start selling some of my shares at $2, but that target did not take into account $4000 gold, so I am increasing the price at which I will think about taking profits to $3. I am now at a double on one set of RIO shares and a triple on the other. BTW, Q1 will see the release of a PFBS on quadrupling production at Fenix over the coming years. That should be the next re-rating.

And if anyone is interested in a spec silver stock, take a look at SNAG. They own properties in Yukon Territory close to operating mines owned by Hecla and Coeur -- one property is on the road to Coeur's Silvertip mine and is JVed to Coeur -- and keep on finding similar mineralization to what is being mined nearby. Either of those companies could eventually buy Snag out of just buy the properties.

LC