Posted On: 12/09/2014 6:42:34 PM
Post# of 12259
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Re: WillForeall #3736
Thank you. I try to put in my fair share of DD. If dividends come up in the short term, I would persuade Joel against distribution. I think it is more important to keep cash reserves in the short run, then use them for dividends. We are still an expanding company, so I would like to keep that cash on hand for future share buy backs, acquisitions, and equipment repair. Debt and equipment are the most laboring expenses to mining companies. I would like to see enough cash reserves to cover both of those.
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