Gold Royalties

By Anonymous Questions, July 25, 2012

Can a non-citizen of America invest on gold royalty interest on stock and what is the process of investing in this stock for such a fellow?

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.

8
Share your thoughts...

avatar
5 Comment threads
3 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
5 Comment authors
Travis Johnson, Stock GumshoeChris CookEugenealTom Lepere Recent comment authors

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Travis Johnson, Stock Gumshoe
Admin
👍12081

I assume you’re referring to the royalty companies like Royal Gold and Sandstorm Gold and Franco-Nevada. Royal Gold is a US company and trades primarily in the US, but Franco-Nevada and Sandstorm are Canadian and trade primarily in Canada. All are common stocks, their business is in buying and managing gold royalties and gold “streams”, but stockholders in these companies trade them just like any other common stock. I am not an expert on buying US or Canadian stocks from overseas, but I dont’ know of any foreign ownership restrictions on these stocks; I presume that if you’re able to… Read more »

Add a Topic
210
Add a Topic
210
Add a Topic
210
Tom Lepere
Guest
Tom Lepere

Travis, I am definitely teased by Jeff Yasting’s tease of a compnay described as “UNCHARTED ASSETS” that according to Jeff, the editor of the OXFORD CLUB newsletter is about to become the darling of gold mining sector stocks with a mine situated right next to the Chinese border being funded and powered from the elecctric grid by China for their privelege of buying the mined 46 million ounces of Gold and 81 Billion pounds of Copper next to their border. The new mine is set to go into production in the last qurter of 2012 and is reputed to be… Read more »

Add a Topic
366
Add a Topic
210
Add a Topic
108
al
Guest
al

Ivanhoe mines, Mongolia mining project

Add a Topic
1246
Add a Topic
1332
Eugene
Guest

The name of the company is Ivanhoe Mines(TSE:IVN) (NYSE:IVN).
From 08.08.2012 their new name will be Turquoise Hill Resources(TSE:TRQ) (NYSE:TRQ).
A corporate name change is an element of a deal with the company’s mentor, Rio Tinto to ensure funding of the $6 billion Oyu Tolgoi copper and gold mine in Mongolia. The mine is suited 80 km north of Chinese border.

Add a Topic
1576
Add a Topic
210
Add a Topic
1332
Chris Cook
Guest
Chris Cook

Is TRQ included in any royalty stocks?

Travis Johnson, Stock Gumshoe
Admin
👍12081

No, ownership of the mine is by Rio Tinto and the Mongolian Government and I would be surprised if they did a royalty deal for financing — possible, I suppose, but doesn’t seem likely to me. It would be incredibly expensive if they did, it’s a huge long-lived mine and has been (and will be) very expensive to build.

Chris Cook
Guest
Chris Cook

Is it worth investing in TRQ right now? Do you recommend a royalty stock over another

Add a Topic
5971
Travis Johnson, Stock Gumshoe
Admin
👍12081

I don’t own shares of TRQ personally, I wrote about it here most recently:
http://stockgumshoe.com/reviews/oxford-club/how-steve-jobs-mentor-turned-a-5-million-pipe-dream-into-a-340-billion-reality/

I own shares of only one real royalty/streaming company right now, I last wrote about those companies here:
http://stockgumshoe.com/reviews/s-a-resource-report/why-canadian-silver-could-pay-100-more-than-ordinary-silver-over-the-next-few-years-ps-theres-canadian-gold-too/