even through all the recent economic turbulence copper is still at 3.60 a pound, which is well above it's historical average price, and not too far from the record. So what happens if the world actually turns around, and gets stronger as a lot of the economic reports coming out of the U.S. and China are pointing too...
Well, BB&T ain't exactly a household word among analysts. I'm sure the 24 cent divident didn't help as divididiots were expecting another 2.75.
"DIVIDENT CUT BY OVER 92%" !!!!!!!! THEY MUST BE GOING BROKE !!!! BK SOON!!! I'LL BUY AT UNDER 1.00 SOON!!!!
Divididiots and lemmings don't understand (or try to) why cash flow is being retained. DUH!! It might be to increase production, ya think??
Those looking for an entry point or to build for a long term hold should take advantage. SCCO's average annual return on average assets is more than 25%. That's after tax!! The money that is not being paid out today will provide much greater payouts less than 5 years from now when production is nearly double last year's. I can wait.