saucy doubts and fears

The Great Royalty Freak-Out

Love this piece in Global Mining Observer today, in which the intrepid AW gives the Emperor’s News Clothes treatment to this most annoying of new mining sector fads. Example:

Some recent examples have been farcical. Corvus Gold recently dumped its Alaskan assets, selling them for $120,000, but CEO Jeff Pontius framed the deal as “the creation of a Corvus royalty portfolio”, because the company kept royalties over the discarded tenements.

Whole thing here, it’s fine stuff.

Leave a Reply

Your email address will not be published.

Hello, you are not in a chatroom, you are in my living room. Opposing views and criticisms welcome, insults or urinating on furniture unwelcome. Please refrain from swearing if possible, it is not needed.