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

To: SwampDogg who wrote (224247)	1/21/2013 2:04:31 AM
From: 31Floors	Read Replies (2) \| Respond to of 312370

SwampDogg, Actually I think its ok to laugh at the Yukon. I know that Brewery Creek is hardly the end all for deposits but it will be production and it will be cash flow positive and cost relative peanuts to get into production. The market thinks its a joke so when you have another means to try and raise the share price, I guess you try it. The royalties has always been a core reason (in my books) to own the co. And more so as the market stank for exploration companies! Agreed, I was hoping Bill was going to mention the royalties when he got on BNN after the financing w/ Red Kite was done, and I was a bit disappointed that he didn't. I figured he went out of his way not to mention them to not confuse the audience. That's the way it is, you can't be two things you have to be one or the market doesn't understand. That's because the market's stupid about a lot of things! The Yukon's hot and cold, and with the way all jr. gold miners are being valued today, I think you can say the Yukon has been frigid! It's not an easy place to do business. I think if they sold the royalties to fund the Yukon, we would have had a shareholder revolt, with the royalty business one of the few the market seems to care about! Does anyone know how many gold royalty companies there are? About 1 for ever 100 exploration companies? I'd rather be in the shoes of the one, vs. the 100. No one knows what these royalties are "worth". They're worth what someone is willing to pay for them and what GPD would have been willing to sell them for. Let's not get delusional with gold under $1700 and the HUI in a 3 year funk! They aren't worth $150m, I think $100m is closer to the mark, but we'll never know because as of Friday they're not for sale anyway. Load them into a royalty co., load it up with some cash, get some brokerage backing and then it's their job to execute.... and the market will price the shares. What I've been saying is that at $50m they are significantly under valued, I guess the market will tell us what IT thinks starting Monday and leading up to that record date. Honestly I can't begin to guess what both companies will be worth by year end, never mind in 3! There are a lot of questions to be answered for sure - see my notes from Cambridge. Message 28676920