“Forever Gold”

By gmcmahon, March 12, 2012

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

” Forever Gold” teases with a steady stream of income for 22 years but owns no mines. Is this a gold version of ”Silver Wheaton” with royalty income from acquisitions etc ?

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3 Comments on " “Forever Gold”"

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Boer22
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Boer22
March 12, 2012 7:59 pm

I think it is Royal Gold. The ardress I got from google maps indicates the same building as in the newsletter.

Foxhound 2
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Foxhound 2
March 16, 2012 5:40 pm

I agree that Forever Gold is Royal Gold. A satellite map shows the same picture as stocker picker service, which would like to offer the name of the stock with dividends (for a price) rising 20 % per year that lives off of royalties for prior investments in gold mining stocks. The div + yield for RGLD is currently (0.9%) hardly breathtaking.

Myron Martin
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March 21, 2012 12:39 pm
It is more difficult to make money from pricey mature companies like Royal Gold but I have done well with Sandstorm Gold SSL, and affiliate Sandstorm Metals and Energy SND that has adapted the “streaming” methodology to oil and gas and base metals with investments in Donner Metals, (also a positive portfolio holding) and several others. The two companies have basically the same Mgmt, former principals of Silver Wheaton and they have improved the contracts to virtually derisk the process substantially. At their current low prices these companies should become “cash cows” as mines they have invested in come on… Read more »
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