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Royalties Inc C.RI

Alternate Symbol(s):  ROYIF

Royalties Inc. is a Canada-based diversified royalties’ company. The Company has a 2.1% stake in Music Royalties Inc. (MRI), a Canada-based private company that acquires passive music royalties from rightsholders, including artists, producers and songwriters, and holds a portfolio of approximately 28 cash-flowing music royalties. The Company also has interests in exploration and evaluation properties located in Mexico, owning a 100% interest on the Bilbao silver-zinc-lead project located in the southeastern part of the State of Zacatecas. It also owns 88% interest in Minera Portree de Zacatecas, S.A. de C.V (Minera Portree), which holds an asserted claim to a 2% net smelter royalty on five mining concessions located adjacent to the Cozamin Mine operated by Capstone Mining Corp.


CSE:RI - Post by User

Bullboard Posts
Post by blackgold14on Sep 11, 2020 3:27pm
163 Views
Post# 31544213

5.10m of 372.5 g/t (12 ounces) Silver = Huge Upside

5.10m of 372.5 g/t (12 ounces) Silver = Huge UpsideHoping the company drills those high grade veins around the drill hole that returned 5.10m of 372.5 g/t (12 ounces) silver before they try to sell the project to fund their royalty acquistions.  Don't get me wrong.  The royalty focus is going to create huge upside itslef as almost all royalty stocks have gone up by hundreds of percent in the last two years.  But it would be interesting and smart of the company to see if maybe the Bilbao project has tens of millions of ounces of additional silver in the resource.  If they hit anything like that intersection, the stock will zoom.  
Bullboard Posts