RE:RoyaltiesYes FOM does indeed look as if it is going directly to a mine, and I find these recent large copper equivalents intercepts to be very exciting. Looking at the assorted FOM reports it seems their Cu will cost 44 cents per pound with Zn etc credits. it will be a veritable cash cow. = MOOO
It also looks as if will be a cash cow to VOY as well it will pour close to $1 million into VOY when in production. I also notice that the FOM deposit is open in several directions, and at depth. They might have an elephant in there. Their initial feasibility was 3600 tpd, might be good to drill off at depth and all widths befote setting the rate of production - might be worthy of 5-10,000 tpd??
Strange, Voyager Exploration (VOY)a company anticipating a substantial royalty flow(albeit in 2-3 years) should be worth more than 40 cents with a cap of about $10 million = VOY will works it's way to $5-6 per share as FOM works it's way to $25 over that same time - that is my 20:20 higndsight facing forward. = get your VOY now while it is down here abd some FOM for good measure = out away for later...Az