RE: RE: Gold Bullion Royalty, a new kid on the blo Small patatos indeed. Pan and Gold Rock operated by Midway are two nice projects as well is the Bald Mountain/Alligatro Ridge from Barrick. In three years they could reach 10,000 at zero cost. Sandstorm currently has 40,000 ounces at $400 cost, or $16 million, not considering the non cash dilution expenses. With that in mind, Sandstorm's marketcap is $1B. If a slimmed GPD, with the royalty division for simplicity reasons rated at $35 million and using Sandstorm's valuation metrics, they should make it through a $250 million marketcap by 2016. We are then talking about a 100% profit year over year for three years in a row.
For those who are interested lets continue discussions here:
https://www.stockhouse.com/companies/bullboards/gpd?s=GPD&t=LIST