RE: RE: OT- high dividend yield gold Royalty Stock ask yourself why some insiders weren`t willing to sell to IAMGOLD such that there are still shares on the markeT? they knew it`s a cashcow.
however. let`s assume EURO RESS drops to 0 by 2023 (11 years left of 390-400k production)
and you recieve a 1Euro every year from now. with gold @ 1750 that is resonable (most likely to go higher) that`s a payout of 11Euros per share vs 3 Euros inevstment.
Bur they also own a Royalty from Columbus Golds project + 11m shares of the company. + a EURONEXT tier1 listing itself is worth some millions.
bascially it won`t drop to Zero even when the Rosebel Royalty is finished. more likely that at that point IAMGOLD will maybe buy the rest of the comapny or someone elase comes us offer IAMGOLd to sell to them for the listing and the rmeaining assets. which i would think is worth approx 0.5-0,8 Euro per share