NYSEAM:GROY - Post by User
Comment by
arh0070on Aug 29, 2024 1:16pm
142 Views
Post# 36201528
RE:RE:Fnv
RE:RE:FnvI am well aware of the risks having invested in this space for 40 years plus.I am criticizing GROY management because they have risked the company on a bet on a copper stream from a mine in Bosnia run by a British company located 50 miles north of Sarajevo.This area to say the least is politically unstable .They have done this to increase cash flow more rapidly than thier safe and good Canadian royalties acquired from the takeover of RZZ and GZZ.Mr market has responded by tanking the price of the stock.So I along with I am sure the majority of GROY shareholders are not happy .When I bought GROY (having owned RZZ and GZZ in the past )I along I am sure with many GROY shareholders did not anticipate this foolish move.