Solid foundations. New horizons.

Free
Message: goldex toyalty-re-investor

I was reminded that 5% of net smelter royalty is huge.Most companies only hold about two to three percents.If one calculates the projected years of gold mining on our side plus the on-going up grading of the size of the deposit as well as the potential upswing of gold price,we may be talking about 10 to 15 millions a year for at least 7 years and more.Sure AEM may want to get out of their side of the commitment cheap.But should PRB comply?One question I like to ask is;are they mining on our side yet?

Share
New Message
Please login to post a reply