OTCQX:GTBAF - Post by User
Comment by
captainpooby1on Nov 02, 2019 6:28am
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Post# 30300571
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Don't forget the NSR
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Don't forget the NSR flashcash wrote: It's my understanding an NSR is a monetary percentage of the pure gold produced after the transport and smelting costs are removed. So if gold is $ 1500/oz and the other costs are say $200/oz then we will get 2% of $1300 which is $26/oz. If we mine 100 000oz per year we will get $2 600 000 to be divided amongest the outstanding shares of in our case say 50 million leaving us with about 5 c per share.
Accumulate these shares.
Yes. But I think the point may be getting lost in all the numbers.
These shares will be worth something and the numbers here are trying to put a value on that. Whatever that value is, that can be deducted from the price you are paying for the shares of GBR. The value of your GBR shares stays the same, but the real price you are paying for them now is less. Much less I think. At some point we are going to receive these royalty shares for free, whatever they are priced at, you can deduct that price from what you paid for your GBR shares.
If you think GBR is a bargain now, it’s a super bargain after you figure that in.
does that make sense?