nickel 51000 a ton oz, page-3

There's just so much money coming in that we couldn't expect Mr Moore to reinvest it all appropriately, no matter how good he is, he will not be able to acquire sufficient management and technical resources to support such investment. A special dividend is warranted, at least 10 cps per HY, so long as this bonanza continues.

Dispersing surplus cash to shareholders is the right signal to longterm investors, and get's rewarded in the sp. Look at JBM.

Let them keep all they need, and bit to spare, and return us the rest.

EL