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GREY:STTYF - Post by User

Comment by fleeinggrandichon Oct 20, 2012 8:50am
235 Views
Post# 20505850

RE: RE: RE: RE: RE: Any thoughts on volume

RE: RE: RE: RE: RE: Any thoughts on volume

Well, basic law of capitalism says that at some point, you're going to see a lot more companies enter the streaming space, until the steraming deals are more competitive (e.g. buying forward silver at $25/oz or forward gold at $1500/oz).

At that point you don't really want to be a streamer anymore because all your explosive upside gets lost with the increased competition.

But for a company to enter that business they need to start wit ha few billion in capital, right? So outside of the People's Republic of China, a few Saudi princes, and maybe Glencore, who has the money to eenter the space?

And of course once there are more streamers and the business gets more competitive, that will only be beneficial to junior miners. I'll be happy to see the scumbag criminal fraudster investment houses shut out of junior financing for good, replaced by a hundred SSLs.

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