SCP and new monthly dividend

[Hopperbin]

Sprott resourse corp has declaired a new monthly dividend in Dec. after a share price drop bringing their share prices up substancially. Currently works out to 10.43 percent per year but will fluctuate according to book value. Cotton what is your oppinion on SCPs value and their ability to hold this dividend?

[Hopperbin]

Also heard the plug got pulled on One Earth, so far as I know it was just rumour.

[LEP]

Spoke to a friend of mine at the show, and one
earth was booking a lot of fertilizer for spring.

After his meeting they were going to meet with
Case on an equipment deal.

[LEP]

Spoke to a friend of mine at the show, and one
earth was booking a lot of fertilizer for spring.

After his meeting they were going to meet with
Case on an equipment deal.

[Hopperbin]

The dividend seems quite generous, works out to 10 percent per year of book value paid monthly and to vary by what book value is. Also the dividend works out to 10.39 percent of current share price.

[sumdumguy]

Dividend trap? I have a few sliders.

[Hopperbin]

Oh go figure invested 10 grand of the kids education plan into scp today and starting off down 2 cents. .833 percent of book value which equals 10 percent if times by 12 paid monthly is good. Well if can last till Jan 27 and every month there after should be 3.8 cents richer. Maybe I should not have had that coffee for a 1.25 today.