Never ceases to amaze me how arrogant bozos with closed minds, who were NOT there to hear a both sides of a conversation, can call someone a liar because anyone provides information about a stock they fell in love with. This is the peak of arrogance.
I spoke to IR in a phone call last week. They were clear that there will be no (zip, zero, nada) dividend increase from the BRY deal even after digested. But the deal provides better coverage to continue the current dividend.
Conclusion: Higher price of new BRY deal killed any hope for dividend increase anytime soon.
(I did repeat this from bottom of another thread, because yahoo would not allow separate new topic at that time.)
I spoke to IR in a phone call. Forget any dividend increase from the BRY deal.
There will be no (zip, zero, nada) dividend increase from the BRY deal even after all is digested.
Possible future dividend increases (if any) must come from improved performance or future acquisitions- but not from BRY deal. That was made clear in our phone conversation.
They said what the BRY deal does is provide better coverage for the current dividend but not an increase.
My conclusion is the increased price of the new deal killed any hope of any dividend increase soon.
Oh mighty expert.
So, if those are the guys keeping it from going below 3.50, who are the guys keeping it from staying above 4?
Seems to be stuck in very small 30 cent trading range fluctuating between 3.86 to 4.20.
Just can't seem to get over 4 and stay there.
Somebody should inestigate the person who filed he compliant. I will bet it is a big guy who is short with high up connections to SEC. Crony capitalism.
My guess is someone helping shorts who also has top SEC connections filed a complaint to push this SEC inquiry. You have Barrons, Bloomberg news, and SEC now all pawns helping shorts to take down LINE, LNCO, and BRY. Worst case might be changing the wording of disclosures. We also have a new SEC head out to prove she is tough
Does that answer the question: Are short attacks over?
My opinion, short attacks do not stop until vote is done: mid August.
And they start again as soon as Barron's writes another negative article.
From Seeking Alpha article:
"True Cost Figures - IAG's true all-in costs for Q1FY13 were $1403 per gold-equivalent ounce, which was higher on a year-over-year basis, but that was to be expected since last year's first quarter's costs were lower than expected. But compared to the FY2012 costs, $1,403 was pretty much in-line with the average costs for the year.
Compared to competitors, IAG's performance was a little on the higher end but not far from average with other competitors such as Yamana Gold (AUY) (costs just over $1300), Allied Nevada Gold (ANV) (costs just under $1000), Goldcorp (GG) (costs just under $1200), Silvercrest Mines (SVLC) (costs below $1100), Kinross Gold (KGC) (costs just under $1400), Newmont Gold (NEM) (costs around $1300) Agnico-Eagle (AEM) (costs around $1400) and Barrick Gold (ABX) (costs around $1200)."
Book value does not mean much when selling at depressed fire sale prices and creditors and mangement insiders trying to grap it all, while gold prices continue to plunge
I would like to think that shareholders will recover something out of a good company that bad management ran into the ground.
I guess I will count yours as a vote for zero value..
Almost daily news of more new basis for lawsuits that erodes the BAC brand.
Heads should roll at top levels.
But just more excuses without corrective action.
Assuming inadequate national infrastructure to transport oil, is it easier (government, environnmental activists) to build a pipeline or a shortline railroad?
Actually, KMR does pay a quarterly distribution- in shares, equivalent to the cash payment of KMP. Technically, some call it a distribution, but dividend is also accepted term. Check it out. You might learn something.
I agree. Barron's writes so many bashing articles that causes share prices to plummet. Frequently their opinions are proven wrong. You have to wonder if Barron's or it's executives/writers are profiting from trades on the stocks they write about.
Didn't Barrons write a previous article bashing LINE/LNCO several months ago?