OTCQX:ATBYF - Post by User
Post by
k613on Aug 06, 2014 2:29pm
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Post# 22814620
Comparitive magnitude of what isat stake here.....
Comparitive magnitude of what isat stake here.....Franco-Nevada's 7.29% NSR royalty on Newmont Mining's Gold Quarry open pit mine in Nevada, which cost the company US$103.5 million, realized $250 million in royalty payments before being acquired. The NSM royalty in this case gave Franco Nevada the option of collecting in cash or in-kind (metal product output)
So this RZZ-GZZ thing appears to NOT be small patatoes.....