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.