When the royalty deal reached by Panoro Minerals (PML.v) and Wheaton Stuff & Things (WPM) that includes $14m in staged payments over nine years in order to keep PML afloat, the PML boss guy Luquman Shaheen told us that the money would, “...allow the Company to make targeted investments into exploration at the Cotabambas Project.”
In fact, it’s more like targeted investments in the wine lists of Vancouver restaurants. Does Randy Smallwood of Wheaton Stuff & Things know that his cash is being wasted in this way? Does he care?
And by the way guys, that money you’ve “invested” in Investor Relations…