Post by
cskhurasu on Feb 26, 2022 4:08pm
KSM silver royalty
SA just sold a silver royalty on KSM for $285 million.
Comment by
fordster on Feb 26, 2022 6:23pm
Should of gotten 3 times more....I never realized SA was so hard up.
Comment by
fordster on Feb 26, 2022 6:42pm
Sprott bought KSM silver...that's how he got it so cheap. Great news CSK-seriously
Comment by
Krishak5 on Feb 27, 2022 9:54am
KSM silver = less than 3% of KSM revenues. Since <3% = $225million, SA's focussing on the 97% prize. Silver stream provides the chump change to expedite closing of the deal with the consortium of gold and copper niners who will develop and manage the revenues from the 97%.
Comment by
fordster on Feb 27, 2022 1:27pm
It's all good...it's the first step of a serious move forward...great news that it's Sprott. I know you guys are looking for a copper miner....let them mine the copper and then all your gold is free. It's a great business model...nice to see Sprott, moving a head, giving your project credibility. I would imagine you'll be able to find a copper miner, ready to commit.