Theo's Poolside Discussion of Trading Delights and Disasters (BYOB)

[Theo]

$GROY (5.41 10/20/21) the latest Zack's email blast. They are an interesting type of play- a "precious metals royalty and streaming company". What's that?

"Precious metals royalty and streaming companies represent a very interesting sub-industry of the precious metals mining industry. They provide some leverage to the growing metals prices, similar to the typical mining companies; however, they are less risky in comparison to them. Their incomes are derived from royalty and streaming agreements. Under a metal streaming agreement, the streaming company provides an upfront payment to acquire the right to future deliveries of a predefined percentage of metal production of a mining operation."

Anyway, I'll watch this one for awhile just for giggles...