Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

High River Gold Mines Ltd HRIVF



GREY:HRIVF - Post by User

Comment by discern1on Nov 04, 2010 3:13pm
702 Views
Post# 17659032

RE: Royal Gold Reports...

RE: Royal Gold Reports...With the reduction of this payment, in Q4 and 30,000 oz of production, the 25% royalty for these ounces will be reduced to 23% (2% will be give to Royal Gold perpetually).  This works out to an increase of 30,000 * 0.23 *1350/oz
= 9.4 million extra for Q4
9.4 million / 800 million shares  = 1.2 cents/share
Lets call this an additional 5cents/share for next year.
Having this payment completed should add an additional
.75/share if we use a PE multiple of 15.
<< Previous
Bullboard Posts
Next >>

USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse