RE:What's the value of the 1% NSR on Treaty Creek?Here's a case study from TUO's website. Factor in how many ozs' you think TC will yield and you'll have a good idea. Don't forget to multiply ozs' by .2. It's no small thing.
Case Study #1 calculation: Seabridge Gold’s Snowfield property currently has a resource of 25.9 million ounces of gold (1,370 million tonnes at 0.59 g/t gold). Assuming 90% of this gold is recoverable, we are left with 23.3 million ounces. Subtract 10% of this for typical NSR deductions: that leaves 21.0 million ounces, of which 1% or 210,000 ounces is payable to the royalty owner. Value at the current gold price of $2,268 CDN is $476 million.
GTLA, I think our ship is finally coming in .......... BB