Gold Dividends By Gold Resource Corp.
Gold miner minting its own gold and silver coins - looking to pay dividends in kind!
Maverick U.S. based gold miner, Gold Resource Corporation, with operations in Mexico, has announced it is minting its own gold and silver coins and holding part of its treasury in precious metals.
Author: Lawrence Williams
Posted: Wednesday , 17 Aug 2011
LONDON -
Junior, U.S-headquartered gold miner, Gold Resource Corporation (GRC) has entered into a position of holding some of its in-house treasury in physical gold and silver rather than cash in a move that will undoubtedly further increase its appeal to the gold-owning fraternity..
Mineweb
(GBN.V might seriously consider paying out its silver by-product in minted coins to its own miners as a bonus. I would rather be paid cash in dividends. How would you otherwise apply for a DRIP? Or, let's say you've got equity assets in mind but only gold coins on hand?)
-F6