OT- high dividend yield gold Royalty Stock Hey fellow BPV investors. just in case some of you are also looking to built a diversified Gold Royalty Portfolio here is one you may want to add, if you can trade Frankfurt or EURONEXT paris.
EURO RESSOURCES - https://www.euroressources.eu/
ISIN: FR0000054678
They have a 10% GSR on IAMGOLDS Rosebell mine. Which will produce like 400k oz next year.The thing is, beside an small interest in Columbus Gold, they only own this one Royalty, so it´s a single asset company. But last year they distributet approx 0.8Euros per share. this year it will be about the same. 0.29 already payed. With a shareprice of 3Euros that`s a 25%+ dividend yield. there is still 12+ years of Royalty payments left.
My Royalty Protfolio now constists of:
T.FNV - T.RGL - T.BPV - V.SSL - EURO RESSOURCES - V.GRO