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Mechel OAO Message Board

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  • great_stox great_stox Jul 26, 2006 1:38 PM Flag

    MTL 2005 div

    In the past no tax was witheld on div payments from GLDN, my other Russian ADR. I prefer it this way. Can't stand the Western Europeans slaming me with their huge socialist taxes!

    I made some great money in GLDN and was lucky to get out of it at the right time. Today I'm bulish on MTL and MBT. I might consider GLDN again, though. As the oil price keeps rising and the Russian economy is boominb, I expect the Russian stocks to take off again in a very spectacular way.

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