GREY:HRIVF - Post by User
Post by
goldluston Mar 12, 2009 9:52am
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Post# 15839038
Royal Gold royalty commitment
Royal Gold royalty commitmentReading from the Royal Gold website, I don't see any doomsday deadline
for payment. It merely states "royalties continue until either production reaches
804,420 ounces of gold or payments totaling $35.0 million are received,
whichever comes first." I don't see any ticking clock in the contract language.