EMX Royalty Corp (EMX)

[User-65225]

The amazing aspect of this company is that they are being paid by some of the worlds largest miners to develop EMXX portfolio of properties... many of which they picked up when gold was less than half of what it is now... They seem to be in the right place at the right time, often

For example... Newmont paid EMXX money for the right to develop their "district scale" property in Haiti and pledged to spend $30,000,000 on exploration (100% of the bill)... on top of this, Newmont has funded EMXX by buying private placements, some of which are at higher levels than it currently trades... This is a significant indicator considering that Newmont is the largest miner in the USA and is known for their wise decisions/investments.

This is just a single example out of their 140+ Joint Ventures... They also have a deal in Turkey which is expected to start producing by early 2013... and BULMs strong revenue/profits will be included in upcoming quarters as well.

I suspect that EMXX is not far from breaking even with the acquisition of BULM, along with other payments by their JV partners... 71% of all the money EMXX has ever raised since RTO in December 2003 is still in the company treasury, per this presentation, which was released in March 2012... http://www.eurasianminerals.com/i/pdf/EMX-CorporatePresentation.pdf

Joint Venture with Newmont Mining Corp.

Newmont initially bought 1.7 million share units at $2.06 CAD
•One EMX common share
•0.75 warrants strike priced at $2.50 CAD
•Paid an approximate 20% premium to EMX market price to JV with EMX

Newmont participated in subsequent EMX financings
•June 2010 (C$2.20), Oct 2010 (C$2.50) and March 2011 (C$3.25)
•Now owns 9% of Eurasian shares fully diluted.

Newmont earn-in at La Miel entails $30M in spending over 6 years
•Designated Project status on all properties in Haiti
•Newmont funds 100% of the program