Wheaton 2% return royaltyGolden Polar Bear: Can you find out what Wheaton paid for the royalty rights that you mentioned in your post? I have checked online but haven't had any luck. Would be interesting to find out -- just the fact that Wheaton has seen huge growth and profits over the years and didn't get that way by throwing money away. Thanks.
"The Company’s PMPA with Golden Predator Exploration Ltd., a subsidiary of Sabre Gold Mines Corp., is a royalty, whereby the Company will be entitled to a 2.0% net smelter return royalty for the first 600,000 ounces of gold produced, above which the NSR will increase to 2.75%. Sabre has the right to repurchase 0.625% of the increased NSR by paying the Company Cdn$2.0M. Attributable resources have been calculated on the 2.0% / 2.75% basis."