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Maverix Metals Inc. V.MMX


Primary Symbol: T.MMX

Maverix Metals Inc is a precious metals royalty and streaming company. It offers a mining-related investment that provides exposure to metal price appreciation, and exploration and expansion potential, but without the risks associated with ongoing capital costs, operating costs, and environmental liabilities. The company holds interests in various properties such as La Colorada, San Jose, Mt. Carlton, Vivien, Beta Hunt, Silvertrip, Florida Canyon, Moose River, Shalipayco, Romero, Omolon, and others. The firm's business presence can be across the region of the Americas and Australia, as well as Mexico and Canada.


TSX:MMX - Post by User

Bullboard Posts
Post by Teatimenowon Aug 25, 2017 12:08pm
115 Views
Post# 26621808

OT - Forbes&Manhatten royalty package (V.RM)

OT - Forbes&Manhatten royalty package (V.RM)does anyone of fellow royalty investors here per chance have a clue what royalties and streams
this group owns?

->https://www.forbesmanhattan.com/English/portfolio/recent-successes/default.aspx

They are brokering mining assets and forming companies for quite a number of years now, and some have been quite successfull and taken over.

However i am asking because V.RM - Routemaster Capital states in their latest NR, closing the aqusition of Forbes&Manhatten `s 2 %NSR on QMXs ground, that...

"Finally, Routemaster has also obtained a 24-month right of first refusal to acquire additional royalties and streaming interests held by the Vendor. The Vendor has a global network of resource companies and contacts through which it has created and fostered several resource companies with billion-dollar market capitalizations. Through this right of first refusal and the Vendor's significant shareholding, Routemaster believes it has secured access to the Vendor's network thereby providing Routemaster shareholders with a potential pipeline of accretive investments."
https://www.marketwired.com/press-release/routemaster-closes-acquisition-of-quebec-gold-royalties-tsx-venture-rm-2230798.htm

So i am wondering, altough i am not keen about RMs management, if those royalties&streams are any good, if yes this could be a huge 10bagger call.

RM currently trades below cash and liquid investments
1,6mm cash
3,5mm stocks 
less
1mm liabilities

FD Marketcap approx. 3,5mm

and owns 3 Royalties already.


So if anyone has the slightest clue what those royalty spin off could be, that would be very much appreciated.
Thanks in advance

Read more at https://www.stockhouse.com/companies/bullboard?symbol=t.ssl&postid=26621802#VC2k1T3UXVIYHAOV.99
Bullboard Posts