GREY:STTYF - Post by User
Comment by
elmothefearlesson Apr 08, 2013 11:07pm
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Post# 21229272
RE: RE: Mongolia is like quick sand
RE: RE: Mongolia is like quick sand The CSI deal is compelling. Palladium trades at approx. 50% of the price of platinum, but the grade of the CSI deposit is expected to have 100% more palladium than platinum. If we valued the platinum stream SSL has equivalent to that of SND, that would leave the value of the gold royalty of 1.5% at $45 million. Seems a little high. My bet is that the fair value of the palladium stream was closer to $20 - $25, and we got it for a song.