Friday File: Royalties, Scams, Buffett, and Gold

A hodgepodge of updates on the Real Money Portfolio and other stories of interest -- including thoughts on Alphabet, Berkshire, Boston Omaha, Cameco, Equinox, Franco-Nevada, Ligand, Momo, Okta, Omega Healthcare, Sandstorm and more...

By Travis Johnson, Stock Gumshoe, March 9, 2018

So… what’s been happening to the Real Money Portfolio stocks this week? What else caught my eye? No transactions this week, but plenty of stuff to think about…

Clean TeQ Holdings (CLQ.AX, CLQ.TO, CTEQF) announced a somewhat surprising equity raise a couple days ago. It seems inspired largely by urgency — they can’t really claim the bulk of their debt financing until the bankable feasibility study is done, but raising $100 million or so now lets them make some progress on developing (“accelerating the development of,” they say) the Sunrise Project. They think this can potentially “fast track” development and speed things up by a year, though I’d take that with some skepticism given that the feasibility study won’t be out until close to midyear.

It doesn’t change the story much, though, and didn’t really impact the share price — this is still one of the more appealing