OTCPK:TNGZF - Post by User
Comment by
borne2runon Feb 19, 2018 4:20pm
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Post# 27584169
RE:RE:RE:RE:RE:RE:Grenville Strategic loses $11.35-million in 2017
RE:RE:RE:RE:RE:RE:Grenville Strategic loses $11.35-million in 2017If you want to invest in the royalty space, buy Alaris. Total number of employess is approx 15, managing a billion dollar plus portfolio of assets. They have been paying monthly dividends for years. Current yield is almost 8.6%. Yes, they sometimes have problem files but not 7 complete disasters in one year. Alaris just announced a "workout" for one of their non-payers. In addition to receiving all the unpaid distributions, the original preferred shares purchased by Alaris will be bought out at a premium. Yup, the problem file will still end up givng Alaris a return of 15% per year.