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


To: 31Floors who wrote (224239)1/20/2013 11:03:22 AM
From: 31Floors1 Recommendation  Respond to of 312358
 
I'd also like to say that I've been wrong many times before. Don't rely on my DD on GPD or any other company. I know I've been very opinionated about this one and for some time, but it is just that opinions and I do not give investment advice. I don't believe any stock comes with built in, bullet proof guarantees, period. In my books the stock market and guarantees (positive guarantees - unlike stupidity that will guarantee you'll lose all your money!) is an oxymoron. :) We all know by now, DYODD.



To: 31Floors who wrote (224239)1/20/2013 7:03:04 PM
From: SwampDogg  Read Replies (1) | Respond to of 312358
 
Not laughing at the Yukon but every interview that i have seen with the CEO the whole focus of the company was in getting BC into production including the recent debt deal.
Now at least the optics would suggest that due to the current market the company sees it more attractive to run with the royalty assets and to grow that business.
Trading will be of interest in the next couple of days. The Midway royalties seem interesting but it may have been easier to just sell them into a hot market to fund the fledgling Yukon portfolio (that is unless they are concerned about the future of that business). They would seem to have a real opportunity to raise some funds and to consolidate the higher quality assets in the Yuckon that have been bombed out.
Don't own and will watch with interest to see what they do with the debt.
FWIW the mini mania around royalties looks a little vulnerable to risks that some might not anticipate.