GOR gold road resources limited

Ann: Diggers and Dealers Mining Forum Presentation, page-5

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    They paid out half a cent - that wasn't 20-40 percent of free cash flow.It was 4-5 million they paid out. Gibbs said they are a merger & explorer for a stand-alone deposit . Wrong place for dividends. He even emphasized it is rare for a mining company to pay dividends ! Don't expect much on that front . They squirrel away profits for acquisitions and exploration.
 
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