Bullboard - Stock Discussion Forum Royalties Inc C.RI

Alternate Symbol(s): ROYIF

Metals & Mining Industrial Metals & Minerals

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... see more

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CSE:RI - Post Discussion

Royalties Inc > News - Drilling complete, results by end of January

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Post by LatAmBull on Jan 06, 2021 9:03am

News - Drilling complete, results by end of January

Link: https://www.stockwatch.com/News/Item?bid=Z-C:XAG-3013273&symbol=XAG&region=C

I expect stock to run up due to excitement until these results are released. I believe the stock will hit 20 cents prior the announcement, considering that is where it traded this year, and specficically due to the $27/oz Silver pricing.

If the results confirm more resources, then I expect a 3x to 4x multiple on 20 cents (i.e., ~60 to ~80 cents+).

GLTA

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