Gold Royalty Corp GROY.WS

Fnv

[arh0070]

Witness today what happens when too much is risked on one project.Due to the closure of Cobre Panama Francos profit is down significantly and the shares are down 10% today .FNV is a quality company and a fantastic long term record they just risked too much on Cobre panama and witness the result.

[BullionGirl]

Mining is inherently a risky business. If you are so fearful, you should not be investing in mining or royalty stocks. The Vares stream is a great deal. Groy will be getting $10 million a quarter in copper. 

[arh0070]

I 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

[BullionGirl]

Maybe GROY management should have invested in a royalty or stream in a safe jurisdiction ( like Yukon ) with a solid company like Victoria Gold ?  Seriously, hindsight is easy, foresight not so much.

[2b7f6fab]

It seems like the market has more than discounted the Vares as a total loss.  Just eyeballing the drop in stock price of say 70cents x 169million shares = $118 million.  Could be a tad overdone?

[Signman]

IMO the Bosnia steam is bit of a high risk / high reward acquistion. While I am not upset with the move necessarily. And a couple good quarters of returns will make most forget this somewhat controversial move. What I have an issue with is that GROY promoted being an America's centered porfolio in both North and South. I became an investor through the Ely takeover. But had continued to add