Precious Metal Miners That Pay Dividends in PHYSICAL?

[Goldfarmer]

I was reading there was a silver miner going down this road and I thought it would be a brilliant move! Can't remember which miner it was though. Hoped I could enlist members to compile a list of those names. Here in CDN rules might need adjustment but I was hoping that members might throw out names of miners that are thinking or have maybe already started paying out dividends in physical metal.

Any pitfalls or downside to owning a miner that wants to send you small heavy packages???????:biggrin:

Or is there already a thread established on this subject:yes:

[fat panther]

I was reading there was a silver miner going down this road and I thought it would be a brilliant move! Can't remember which miner it was though. Hoped I could enlist members to compile a list of those names. Here in CDN rules might need adjustment but I was hoping that members might throw out names of miners that are thinking or have maybe already started paying out dividends in physical metal.

Any pitfalls or downside to owning a miner that wants to send you small heavy packages???????:biggrin:


Or is there already a thread established on this subject:yes:

Heard the subject proposed, but don't remember anyone doing it, YET. I'll be happy to hear also. :elefant:

[lunar]

http://finance.yahoo.com/q?s=goro&ql=1
http://www.goldresourcecorp.com/
http://blogs.barrons.com/focusonfunds/2011/10/10/paying-dividends-in-gold-instead-of-cash-gimmick-or-real-deal/?mod=yahoobarrons
http://www.goldeditor.com/newsletter-reviews/gold-miner-minting-its-own-gold-and-silver-coins-looking-to-pay-dividends-in-kind/

http://www.stock-channel.net/stock-board/images/smilies/confused.gif http://www.stock-channel.net/stock-board/images/nw.gif

[Ragnarok]

The option of getting dividends in metal is a good thing imo. Even better if they sent you currency of the realm (ASEs in the USA for example), so that you only have to declare the face value. :rock: But they probably won't/can't do that.:bear_cry:

2c, R.

[fat panther]

The option of getting dividends in metal is a good thing imo. Even better if they sent you currency of the realm (ASEs in the USA for example), so that you only have to declare the face value. :rock: But they probably won't/can't do that.:bear_cry:

2c, R.

Seems this is all fun to think about, investing in an equity and the dividend being paid in some sort of bullion piece, but I think the underlying dream is that somehow the dividend would be "off the radar", not reportable. I don't see this happening, and therefore, don't see the advantage, except to thumb our noses at TPTB. Just sayin'. :elefant:

[Anakin]

The option of getting dividends in metal is a good thing imo. Even better if they sent you currency of the realm (ASEs in the USA for example), so that you only have to declare the face value. :rock: But they probably won't/can't do that.:bear_cry:

2c, R.

According to the IRS, that's illegal. You have to report the then current FRN value of the metal received and pay tax on the FRN value.

[Scorpio]

lunar,

very important piece of the links:


Gold Resource Corporation's objective is to create shareholder value by establishing production and generating superior financial performance through the development of gold and silver projects that feature low operating costs and produce high returns on capital.
Key Data
Trading Symbols: GORO NYSE AMEX
Shares Outstanding: 52,998,303
Options Outstanding: 4,080,000
Warrants Outstanding: 0
Shares Fully Diluted: 57,078,303
Debt: Nil
CUSIP: 38068T105

Company contact
Greg Patterson / Corporate Development
gregpatterson@goldresourcecorp.com
2886 Carriage Manor Point
Colorado Springs, CO 80906
303-320-7708 Office
303-320-7835 Fax