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A quick opinion on Mandalay Resources and an update on my portrolio.

Big Al
January 16, 2013
Comments (3)

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Rugby Mining
Discussion
3 Comments
    FIH
    Jan 16, 2013 16:53 PM

    Thanx Big Al! My research shows a 4% Dividend from Mandalay and Debt free at Dec 31/12. Am I not reading this correctly? Regards

      Big Al
      Jan 16, 2013 16:56 PM

      Hi FIH,

      I went to Sedar to look at the latest financial statements and the latest published financials were posted in November. I also could not open the file.

      I would suggest that you simply look at the latest financial statements.

      Best,

      Al

    Mark Thomas
    Jan 17, 2013 17:52 AM

    You’re actually correct, a .04 cent dividend per year which is now 3.4%, will be debt fee soon. Just reported great production and drilling results. Was my top pick fro 2013. Clients of my newsletter trade alerts service have owned it since $1, now $1.18 in just two months. It is worth $1.50 – $1.60 within twelve more months.

    http://www.silverpriceadvisor.com/