Sabina Silver Royalty Company Since Alwayswrong is so full of venom against shareholders I would like to show how shareholders (the owners) should be treated by the staff (BOD).
Sabina Silver Royalty Company
Will be formed with Glencore Royalty of 60 million Silver ounces.
560 million shares. For each 10 shares a new share of Sabina Silver Royalty Company share will be issued.
56 million shares. Each share will be entitled to one (1) ounce of fine Silver or US dollar equivalent upon payment by Glencore. The remaining 4 million ounces will be used for administration and record keeping of the Company.
NOW WAS THAT SO HARD TO DO???
Investors would be able to trade their shares on TSE and NYSE. Investors (in my opinion) would value such an investment given the fake fiat inflated world we find ourselves in with Silvers price almost guaranteed to be in the triple digits by the end of this decade. There would be tremendous incentive for Glencore to build the mine.
Example: 50,000 shares would be issued 5000 shares of Sabina Silver Royalty Co.
at $100 an ounce of Silver when Glencore mine is built those 5000 shares would be issued a $500,000 US dollar check to payout share. When all shares are paid Company will close.
Alwayswrong (aka the Bruce or equivalent) want to just give this to the shrewd Clive Johnson for a few million in their OWN pockets. I think I have demonstrated how easy it was to return to the shareholders (owners) their 2011 "SIGNIFICANT" value instead of just giving it away FOR FREE.