yes it is a Royalty they get their $$ from production of other companies. As of now they are lossing .14 stopped div using cash they have to buy a small holding in Cozemmin mine copper and silver it can o lower as current PMs are dropping so their rev will drop. However, by year end I think gold ssilve and coper will be much higher so I'm holding and looking and watching for the bottom to add JMO