Great Bear Resources Ltd. GTBAF

Royalties

[safeharbour]

How does a person find out the value of Great Bear Rpyalties????

[vestor111]

Seriously???  Make a guess.  Your's will be just about as good as anyone else's without a formal resource estimate.  From there, there is the time element to achieve the mining needed to generate the royalty on the sale of the gold.   This is probably measured in years before first dime of royalty is generated unless the company does some bulk samples to help jump start

[Tminus1blkswan]

The value of the royalty share would be at least the cash it was spun out with. The upside value potentual is much much more. I would argue that this would be a 500koz year operation. 500,000 x $1,600USD x 2% 13,000,000 shares = $1.23USD annual payout per spinco share. At a 5% discount factor over 20 years (implies 10Moz produced) the net present value when the mine STARTS production would be $15

[vestor111]

Nice but $1600 in the age of unfettered money creation?   We just broke $1760 in Asia - I think the cartel is losing it!  I think Sinclair is calling for over $80K per oz - now that would be a royalty!