Hi Paprad,The point here is not JUST the dividend it is the...

Hi Paprad,

The point here is not JUST the dividend it is the total valuation of the assets left after the sale of the copperproject.

With a CASH (cash in the bank) after the sale, we have a cash backing per share of 62 cts.

that means at say 350 Million shares at todays shareprice of 70 cents we have 8 cents left for the other assets.

Which would be a total of $28 Million

For that $28 Million you get (at bargain price imho)

You get a producing goldmine :revenue $50 million per year

royalties from Copperchem worth $30 million over next 4 years

A huge 2400 km2 exploration tenement with exciting copper gold resources indicated

And all of this comes with a proven first class management team

SO WE ARE A BARGAIN IMHO and the writing is their for all to see.

jojo