RE: Listened to CC Over reaction. You are always one good stream away from looking stupid when you critique any streaming company. I would put my money that Nolan does 2-3 more this year. So giving you a 100% chance of being wrong long term. Even though I do apreciate your take, effort, and critique. I do think that you are over-reacting.
You are a classic doom and gloom guy with 1 of 13 deals being a bit risky for a potential payout of 1 billion dollars. The general market is usually wrong. And a 15% market drop in 2 days is bullish.lol They are probably wrong. I bought at 9.90$ today. Easy purchase really. And dilution is not dilutive if you get 3, 5,7,10,20 to 1 on your initial investment. Do YOU GET THAT?????? A traditional mining company would dilute its shares by buying a crusher and expanding a mine. These guys raise equity to finance new leveraged deals. So you are WRONG on that one.
And last but not least, late delivery by streaming mines is very common. SilverWheaton has had this problem many of times. But they do always end up getting the money. Again they are not loan sharks.. they are partners.
And those 3 companies you mentioned are great companies. So I can't rip you apart on that view. So overall you wrote a good article. But you just needed a few reminders and gentle guidance on a few of your key points. Thanks for reading.