A Premier Opportunity
I bought Premier Royalty at $1.62 the other day. I hope to add much more in the coming weeks/months.
I don't have much time now to explain my bullishness but to sum it up quickly:
- $130 market cap with $40 million in cash to buy new gold streams/NSR's.
- Sandstorm is a 60 percent shareholder, in at close to $2 a share.
- Close to 5K ounces attributable in 2013 will lead to around $5-6 million cash flow in my estimates.
- Big potential to do more deals this year
-An Eventual and obvious buyout candidate
- My bullishness on the streaming business in general, as they continue to outperform the miners.
More to come...