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Bullboard - Stock Discussion Forum Callinan Royalties Corporation CCNMF

GREY:CCNMF - Post Discussion

Callinan Royalties Corporation > fact is: T.CAA is the
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Post by Teatimenow on Aug 31, 2012 11:18am

fact is: T.CAA is the

second worst performer of all royalty companies listed. period. what does "great cashflow" help you if you are loosing money = nothing

2yr performance

Sandstrom Metals (V.SSL) is up from 3.5$ to 10$

Royal Gold (T.RGL) is up from 50$ to 80$

Franco Nevada (T.FNV) is up from 33$ to 49$

Royalco (ASX.RCO) is up from 0.37 to 0.48$

-> only 1 worse performer is Anglo pacific. that is because they have mostly 90+ % Coal and iron ore Royalties, so no comparison.

Euro Ressources can not be compared as they do trade lower, but they payed out over 2,5 euros in special dividend during the past 24 month. so net they are also up.

Want to inevst into a good and growing royalty company and missed the boat on Sandstorm or Royal gold- look at T.BPV or T.BPV.WT soon to be Premier Royalty Inc. There is nothing worng in spending money is it makes sense, better than sit around and so nothing like T.CAA`s management does:

https://mineninvestor.com/?p=240

Comment by grizz on Aug 31, 2012 12:56pm
Hello grumblers, The fact is, Roland Butler cares more about enhancing the financial strength of CAA than he does about the share price at any particular time. As to the $800g payment, I suspect it was to unwind a previous contract with a former Director that gave !0% of any proceeds from the lawsuit to that particular Director. This contract was done long before R. Butler became involved with CAA ...more  
Comment by Kherson on Aug 31, 2012 8:38pm
Thanks for posting Grizz. I totally agree with ya...  I too had questions about the GRC deal so I called Roland and he explained it to me. To fully understand the deal, one needs to read the NR's from all the parties involved... Kherson   
Comment by golddigger50 on Sep 01, 2012 8:24pm
Yes Grizz imagine that - shareholders of a publicly traded company grumbling about the share price. Bizarre isn't it. Aren't we all just a bunch of whiners. And thanks for setting us straight on that $800,000 consulting fee expense. Nice to see at least one former director seems to have made out well over this lawsuit isn't it. And I see as is it seems to be your usual practice to ...more  
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