Gold Royalty Corp (GROY)

[jsc52033]

really wasn't much vol in them. I haven't follwoed them. Groy had a take over bid for a smaller company which was terminated 4 days ago. Yet the possibility of GROY being taken over is stil there. They have 15.1% niw and I think the highest price they paid was 4.23 and the highest price this year was 7.08 Sowould they pay over7.50 to get the remaining 85% when they can just keep buying on the open market at these prices. Sooner or latter the price would be forced up as the float deminishes. Then there becomes the issue what will the total of the warrants be and how will any open warrants be taken into the merged company? Maybe the most logical warrant buyer is GLDG. Maybe they are buying them. I just don't know how they can pay .04 div when they are losing .36 Since it is a royality company it relies upon the miners it has to provide the cash.

[BestFishes]

Warrant trading up while the underlying is down. Is it weird that they’re not correlated?

[jsc52033]

thanks I could not find much on them other than they are at .45-.50 However GLDG issued a warrning April 12, 2022 they had 14.9% of GROY now have 15.1% they may do a take over. Now if they do and they only take it for less than the 7.50 sounds like those warrnts have to be converted to GLDG but I am not sure how they arrive at a new strike price. I hold both of these companies. GROY pays a div GLDG does not.
GROY has negative earnings earnings yet pays .04 GLDG also has .51 earnings and a 2.32 PE which IMO is to low.

[BestFishes]

Exercisable at $7.50 and I believe these are 3 year warrants (approx. 2 years left).
I'm new to these - obviously the higher price of the stock share, the more valuable the warrant. Pretty much needs to be over $7.50 for the warrant to be worthy otherwise just buy the stock shares. Is that accurate or what am I missing?

In short, the warrant is a call option on GROY shares?

Appreciate your time.

[jsc52033]

they can be very good depends upon how much time premium is in them.
What is the strike price of this and when does it expire?
looks like they are tradeing arond .67-.69 and the stock is 3.63 so I am going to guess the stike is over 4.50

[Lowjack]

When your stock is overvalued, companies won't let you pay for purchases in shares!

[BestFishes]

I'm curious what people here think about the warrant?

I'm fairly new to GROY and picked up some warrants along with some shares. First time buying warrants. Pros vs Cons, etc. I appreciate your opinions.

Thanks!

[Mephisto Berserk]

Yeah, this should produce good income for many years to come. Going to keep building a position in it for the foreseeable future.

[BestFishes]

Early in a bull market for a new company that is already paying a dividend. Will gold prices ever see a bottom below 1900 again? Maybe, maybe not. A lot of GROY royalties are profitable so much lower than current prices. Lots of cash flow coming our way for the long term.

[Mephisto Berserk]

Yeah, but you have to factor in a higher gold price now. Granted its not 40% higher. Thats why im saying 3.50 ish for my target to buy in greater. This is sort if a slow build a position. It does need to find its ground support though . Guess we'll see where that is over the next few months

[Lowjack]

They paid a 40% premium to acquire the other two entities. So until the stock revisits that level or has earnings to support it, your on the struggle bus.

[Mephisto Berserk]

You think this is only worth 2.75? Hmm i dont see it going that low. Maybe mid 3s?

[Sooth_Sayer]

I see your message clearly! For many others they don't. Do you think this was shorted today or was there a bunch of conversions?

[Lowjack]

Finding Value?

$2.75! <----

This is why!

[Mephisto Berserk]

Agree. Im hoping price stays here for a while longer so i can accumulate a larger position

[BestFishes]

Taking profit in my NEM long calls and rolling right into the GROY bank.

Filled another limit this week at 3.90. Slowly and surely adding. Just love this business model too damn much.

CEO is killin it IMHO.

Let’s rock.

[Mephisto Berserk]

Yeah Im down a little but going to buy some more here at the 4.00 level. Long term it should treat us well.

[Brokemillwright]

Well in his defensive he did say lots of share available below the buy up to price. I'm trying out his newsletter service after hearing about him on rich dad radio and carbon credits. So far I'm a small fish and don't get to take advange of the offerings so would be great if something else took off in the right direction and are it worth while in the short term to keep me paying

[Sooth_Sayer]

I'm in this for the same reasons as you, I like the long term prospects and dividend growth. Bought in at $4.60 and have been averaging down.

[BestFishes]

I like GROY for the long term. I'm buying dips and looking forward to their dividend which will hopefully grow from here. I know the chart doesn't look good since inception but like I said, this is long term for me. Don't mind holding for years.

What else are you in from MK? Carbon etfs?

Cheers!

[Brokemillwright]

Seems his interm report buy up to price was over shot a bit? Checking on a few of his other tickers to see price since recommending and this doesn't give me the warm and fuzzy and I bought another recommendation and it's near accredited financing prices

[Mephisto Berserk]

Certainly impressed so far with how well its being managed. Will continue adding at this low market cap.

[scaryharrysafari]

This will be Wheaton on steroids.

GROY!

[Mephisto Berserk]

Less good but still good now. Good income potential for many years here.

[Mephisto Berserk]

Getting to be a good area to buy here.

[absinthe69]

Red turd

[scaryharrysafari]

Gold Royalty Announces Inaugural Quarterly Cash Dividend program
January 18 2022 - 06:30AM
PR Newswire (Canada)

VANCOUVER, BC, Jan. 18, 2022 /CNW/ - Gold Royalty Corp. (NYSE American: GROY) ("Gold Royalty" or the "Company") is pleased to announce that its board of directors has approved the initiation of a quarterly dividend program and declared an inaugural quarterly cash dividend of US$0.01 per common share. The dividend will be paid on March 31, 2022 to shareholders of record as of the close of business on March 15, 2022.

"The announcement of our inaugural dividend represents a key milestone for Gold Royalty, providing our shareholders with a competitive yield, and is a natural consequence of the rapid growth we have experienced since our IPO in March 2021. Our balanced portfolio has grown from an initial portfolio of 17 to over 190 royalties, including six on producing mines with a further seven on mines in development. The scale and quality of our assets, which are heavily weighted in the tier one mining jurisdictions of Quebec and Nevada, underscore what we believe is a peer-leading growth profile over the next several years. This outstanding portfolio has the potential to support growth in dividends in the future," stated David Garofalo, the Company's Chairman, President and Chief Executive Officer.

[scaryharrysafari]

The only "case" any GROY bears might have is financial suicide.

Read today's PR

https://goldroyalty.com/news/news-releases/gold-royalty-corp-provides-royalty-portfolio-update

I've said it before and I'll say it again: GROY is going to be Wheaton on Steroids.

GROY!

[BestFishes]

Any GROY bears out there? I'd love to hear the case. Thank you, new here!

[BestFishes]

I wish I knew about this at 2.75 but I'm building a long term position.

[Lowjack]

If you paid more than 2.75/shr., you overpaid!

I'll put my bucket down around the 2.5 put level.

[scaryharrysafari]

Market doesn't seem to be responding

Don't worry, it will. This is going to be Wheaton on steroids. Sell cash-covered PUTS and you'll think you have a licence to print money.

GROY!

[BestFishes]

Transaction closed. Market doesn't seem to be responding. Could be due to the payment being share issuance? Do we need some high flying financial report or a re-structuring of some mining funds that GROY gets upgraded to? Exciting times, adding more.

[Lowjack]

So there is approximately ~%40 premium to drop first.

[nowwhat2]

A today CEO interview ?

https://www.bitchute.com/video/dzWwFKxZqCQw/?list=notifications&randomize=false

[scaryharrysafari]

GROY update on their royalties :

https://www.goldroyalty.com/news/news-releases/gold-royalty-abitibi-royalties--golden-valley-update-exploration--mine-development-driving-business-forward

Hot off the Company's own web site

GROY!

[scaryharrysafari]

"Beast-Mode" doesn't begin to describe what's in store here. This is going to be Wheaton-on-steroids.

GROY!

[captainscotty]

http://ih.advfn.com/stock-market/AMEX/gold-royalty-GROY/stock-news/86070464/nyse-groy-acquisitions-cash-and-a-compelling

[captainscotty]

#GROY: NEWS IS GETTING OUT....

[captainscotty]

#GROY: LOOKING FOR NIRVANA... $5.39

https://www.otcmarkets.com/stock/GROY/disclosure


https://investorshub.advfn.com/boards/profile.aspx


https://investorshub.advfn.com/boards/profilem.aspx?user=373219

[scaryharrysafari]

Scotty! You're in this one, too? I didn't even think to look for a GROY board here until a few minutes ago.

This one's gonna do a "Wheaton", just like Wheaton, only maybe better.

GROY!

[nowwhat2]

I see - Thanks muchly.

https://katusaresearch.com/alert-gold-royalty-corp/


https://www.youtube.com/watch?v=kPjyveqwObE&t=1s

[BestFishes]

M. Katusa major recommendation, gotta roll with it.

[nowwhat2]

Oddly thing's in Beast-Mode....Why ?
http://ih.advfn.com/stock-market/AMEX/gold-royalty-GROY/stock-news/86070464/nyse-groy-acquisitions-cash-and-a-compelling

[The Night Stalker]

https://www.stockscores.com/chart.asp?TickerSymbol=%20groy&TimeRange=365&Interval=w&Volume=1&ChartType=CandleStick&Stockscores=1&ChartWidth=1100&ChartHeight=480&LogScale=None&Band=None&avgType1=SMA&movAvg1=50&avgType2=SMA&movAvg2=100&Indicator1=AccDist&Indicator2=StochRSI&Indicator3=CMF&Indicator4=MACD&endDate=&CompareWith=&entryPrice=&stopLossPrice=&candles=redgreen

[nowwhat2]

Luvin' it !
Paid 1.07 - and it's (essentially) up over $2.oo bucks now

[captainscotty]

#GROY: Hey Crud... Can you post the Security details.. OS / AS


https://www.otcmarkets.com/stock/GROY/security

[captainscotty]

#GROY: https://stockanalysis.com/stocks/groy/

[captainscotty]

#GROY: https://finance.yahoo.com/news/gold-royalty-abitibi-royalties-golden-120000218.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuYmluZy5jb20v&guce_referrer_sig=AQAAAGa_drkCrspE-NXHtw3PRphjGGg_ru3GOJhqeIHL9d7Us_pSqyVIbbV5w17e4pSCxywO5opo_DXg67dB0KvXM0lTgXdydtwIiHP-xER0heppe1K31WQ7LOX0x0WdxQkxF3hnC8eag00YfRJpmbcPyQRPKWjRSze76Z7ENdlB7jkK

[captainscotty]

#GROY: GREAT NEWS CRUDE ...