Southern Copper Corp. Message Board

Finally, I got my $5.50 dividend this morning and low and behold no move on the stock. Well, you learn something new everyday but I am sure glad to have gotten all that dinero as I plan to go out this morning and buy that speed yellow Porsche I've always wanted. I just wanted to thank so many of you really good people for being so thoughtful in your communications. I wish you all the happiest of holidays and a prosperous 2007.

I tried to be nice and give you a tip whle trying to spare you personal injury and insult your question and VERY FUZZY MATH deserve. Have a nice day and enjoy your dividend. I will be off loading your name from my view list now.
*Pushes iggy button*

You have to admit --it's hard to NOT go after the dividend impaired. But I'll pass on the obvious comments that could be made here.

But it proves that markets are NOT perfect, and that you can
develop an edge and use that to a gainful advantage, because
there are plenty out there that simply are at a great disadvantage. Of course, there are some out there who know more than I do, so there's the rub.

Anyway, the news on increased reserves was nice today.
I think the real highlight-not that we didn't know it alrady-- is the rather amazing undervaluation of reserves
that PCU creates by using prices of 90 cents and/or $1.26
a pound for Cu.

PCU is a massive, gargantuan powerhouse of a copper mine
that will reward savvy investors for the rest of their natural lives with rich dividends and share price growth.
PCU is undervalued by 3 times at a minimum and closer to
10x if you assume the dividend yield could support twice
that as a multiple (9 x 2=18 p/e). One could argue and win
that PCU should trade at $200 on the low side and $600 on the high side RIGHT NOW and still be fairly valued.

The only risk, which nowadays doesn't seem safer in Canada, England or the USA for that matter, is the political one.
However, each day that passes continues to add a nice stable history to the Peru gov'ts careful approach to
it's mining wealth and foreign investment.

PCU-- double up your position for 2007 if your conservative. If not, go up to 20% of your portfolio.
We'll be well over $100 by Spring and $150+
by this time next year.

Thanks all.

still waiting for the $5.50 drop in the stock price at the open today!!

Hirsute, can you help me out? Why didn't it drop??


IGGY!!

i think you should learn that the divident is not $5.50 as you stated.

I thought this was a man's board but I can see by the bs that you are all bitches.

why don't you start your own fucking post and ignore dummies like me? or do you have nothing better to do with your time? I do and I was looking for some advice not your two bit bullshit. what sort of morons feel they have have to respond to post that are of no interest? get a life.

The drop in the price would have happened when the stock went X dividend. Not when it is paid

PFE....it's up 5.50 today because they own pcu.

Oh, come on simms, we can have some fun with him...like this:

Dar, is the $5.50 a monthly divident? Can I request to get it in copper bars? If I do get it in copper bars,would they calculate the weight of my bars using the retail or the wholesale price? Also, since they are a Peruvian company with an office in the USA, but with majority shareholder in Mexico, what currency is the dividenT in?