time to consider Mirado vendor JUB - Jubilee goldORX bought Mirado from JUB
JUB is an ultra-low floater with only 7.8million shares OS at current SP marketcap is around 4 million only!
JUB owns 14.1 million ORX common shares
and a 3% royalty on Mirado
value of this ORX related assets is alone worth more than JUBs current MC.
JUB also owns 10+ other royalties, such as a 3% on Springpole Lake and
a 2% on Sage Gold Clavos, both also advanced stage exploration/early stage development.
JUB has net cash and other Investments + a couple of interesting exploration projects they look to partner.
Hard to get in, but this is the cheapest stock in mining/exploartion/royalty Sector i have ever seen.
I built a position over the past years and look for a 10 bagger once royalty payments start streaming.
I recommend looking at V.RZZ which has been dead money for years although they owned royalties on Canadian Marlitic adjected lands. Then suddenly when market realized they will start recieving royalties soon it went up 2000% in no time on that.
Same can happen to JUB!
On ORX- it did nicly, about 65% up since announcement of Shining Tree aquisition.
Told ya ;-)
chrs
teatimenow