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  4. Mining Global Inc. (MNGG) Message Board

Thank you. I try to put in my fair share of DD. If

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Post# of 12259
Posted On: 12/09/2014 6:42:34 PM
Posted By: eater7
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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