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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: SwampDogg who wrote (224229)

1/19/2013 6:59:11 PM

From: 31Floors

Read Replies (2) | Respond to of 312351

SwampDogg,

I wouldn't go overweight as much as I did without asking a whole lot of questions, along the lines of if things go badly, no horribly wrong are we screwed (will we lose the royalty portfolio?!). I've felt that the value of that portfolio is a very significant margin of safety; and even if BC went B-U-S-T, confirmed that they had the right to liquidate pieces to satisfy the debt obligations. It's not like they couldn't get at it (the KEY) and they lose the whole thing lock stock and barrel to Red Kite cause Bill signed something he shouldn't have.

As far as I understand it they have the ability to get out and they'll just have to pay the loan draw plus interest and no doubt a healthy penalty. So I'm not worried. You guys can laugh at the Yukon but the Yukon's totally un-loved right now and a lot of the people talking about how significant this Court ruling is, happen to be plaintiff's attorneys and representatives. That's my opinion.

I HOPE to see the Bullion Royalty owning a bunch of sweet Yukon royalties emanating from their many exploration properties in the coming years. Their chief geo knows the territory. Just remember Bill sold Energy Metals for $1.8 Billion but he's a GOLD guy - and his area was Nevada.

Mike Burke, BSc

Chief GeologistPrior to joining Golden Predator, Mr. Burke was employed by the Yukon Geological Survey since 1990, most recently as the as the Head of Mineral Services which includes the Yukon Minfile database, placer geology, Yukon Mining Incentive Program and the H.S. Bostock Core Library. Mr. Burke was responsible for liaising with mining and exploration companies, visiting active exploration sites, authoring the annual Yukon Mining, Development and Exploration Overview and presenting information on Yukon to investment bankers, financial institutions and mining analysts in meetings and conferences around the world.

Anyway they're presenting at Cambridge on Monday afternoon.

January 20-21, 2013 Vancouver Resource Investment Conference

Predator Group Booth 2015
Vancouver Convention Centre West
1055 Canada Place, Vancouver, BC

Corporate Presentation:
Date: Monday, January 21
Time: 2:40pm - 2:50pm
Workshop: 2