InvestorsHub Logo
Followers 104
Posts 16793
Boards Moderated 4
Alias Born 12/07/2005

Re: goldenpolarbear post# 1425

Friday, 08/29/2014 1:45:00 AM

Friday, August 29, 2014 1:45:00 AM

Post# of 1856
Ouch! Kind of steep 6% gross ? "royalty is payable to PLT under the terms of the lease and is subject to a 1 percent production gross royalty so long as the price of gold in US dollars is less than US$350 per ounce (royalty increases to 6 percent as price of gold increases to over US$551 per ounce)." I always liked Sangold, but thins are getting complicated here. I will watch until the dust settles.