Post by
Sir_Holler on Aug 30, 2011 9:34am
Royalty Rate
"companies with stability agreements would pay 1-7 pct, those without 2-14 pct" Reuters
That seems pretty good all things considered.
Comment by
Sir_Holler on Aug 30, 2011 9:41am
Should we be surprised if this quickly trades up to $2.50 whn th royalty is finalized?
Comment by
Styless on Aug 30, 2011 3:41pm
That's where it should be, although i doubt it will trade that high on this news...perhaps on the back of strong sulphide holes it can get close!
Comment by
Valentine_MS on Sep 06, 2011 9:42am
It will not go up till the shorts stop shorting. Today almost all shares are shorts - 104,000 out of 124,000 total trades are Mr. Anonymous. On a day like today I would have thought they would be gracefully exiting, as the exits could get crowded the way things are going.