I bought SCCO a few months back and a couple of questions come to mind: How long does one have to own the stock to receive the dividend and when does the dividend actually pay? I'm still looking at my brokerage account and the dividends haven't posted yet - August 30th.
Lower per share but still has good forward value. China is negotiating with Argentina to open some copper mines. Demand is high, supply is low. I'm hanging in for a while. Buying pullbacks. This market mess will straighten out eventually and if not....bullets are made of copper (OLN). glta.
Humala is supposed to announce an agreement on the mining tax soon (per CNBC). This uncertainty + few have confidence in Humala has a lid on the price...for good reason. I always have a wary eye on Latin military types