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Callinan Royalties Corporation CCNMF

Metals & Mining Industrial Metals & Minerals


GREY:CCNMF - Post by User

Callinan Royalties Corporation > you don`t get it
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Comment by grizzon Aug 17, 2012 3:31pm
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Post# 20230957

RE: you don`t get it

RE: you don`t get it

Hello Teatime,

I was a bit concerned about this possibility so I called Roland Butler. Roland explained the situation.

The NPI is calculated on the basis of London Gold Fix prices. So this streaming royalty does not, in any way, impact our revenue.

Mr. Butler could be critisized for failing to clarify this fact at the time the SLW deal was announced.  Perhaps he may yet do so.

This stock is vastly underpriced so if you are nervous you will find lots of buying to take you out.

 Good luck.

 

GRIZZ

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