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Royal Gold Inc RGLD

Royal Gold, Inc. is a precious metals stream and royalty company engaged in the acquisition and management of precious metal streams, royalties and similar production-based interests. The Company's segments include Acquisition and Management of Stream Interests, and Acquisition and Management of Royalty Interests. The Acquisition and Management of Stream Interests segment includes a metal stream, which is a purchase agreement that provides the right to purchase all or a portion of one or more metals produced from a mine, at a price determined for the life of the transaction by the purchase agreement. The Acquisition and Management of Royalty Interests segment includes non-operating interests in mining projects that provide the right to revenue or metals produced from the project after deducting specified costs, if any. The Company owns interests on approximately 178 properties on five continents, including interests on 37 producing mines and 22 development stage projects.


NDAQ:RGLD - Post by User

Bullboard Posts
Post by wannabeinvestoron Jan 28, 2016 6:41pm
132 Views
Post# 24503727

TCM/ Mt. Milligan

TCM/ Mt. MilliganTCM's has taken quite a beating. It has a lot of debt but also very low cost production.  If push comes to shove, I wonder would it be completely unthinkable for RGL to inject cash into TCM through equity? SSL did that with Luna Gold if memory serves? Not that I think it's a good idea or anything, but that way TCM could survive and honour the streaming deal it has with RGL. Once copper turns RGL can flip the stake in TCM.  Given TCM and RGL founders/ executives are former colleagues I think this scenario is not impossible.
Bullboard Posts