Lunchbuckets ? I heard this one from the Tidy Bowl Man............
Royalty Trusts have positioned themselves to reap all gold's price and production upside while the miners
assume most of the risk and overhead.
Selling 52% of gold reserves below production cost and below the benchmark price within that peer group raises many questions especially after assuming additional debt to offset project obligations.
Fallout from those policies is a cold reality that the markets may be driving home.