Gold: What's the difference between ROYALTY COS., and GOLD MINERS? Please explain.
Thank you for this question which may be of interest to subscribers. Royalty companies typically provide seed capital or bridge financing for miners to reach full commercial production. In return for providing risk capital, they gain a percentage of production from the project at favourable rates in perpetuity. The best companies tend to invest in capital constrained environments like commodity bear markets and prosper in bull markets.Click HERE to subscribe to Fuller Treacy Money Back to top