Loading ...Absent HIGHER Prices what are your choices ? You cant buy Royalty like FNV or Royal Gold without Paying up a Premium and give up some future Gain or Leverage.
McEwen has given up NO Future Leverage by giving away Royalties for cash now….He has NO debt ,He has given NO Royalties or future s claims on his gold.
He continues to BUY where he finds others have invested hundreds millions of developement and ran out of cash and now he buys them for .10 cents on the Dollar .
He has ample cash to stay the plan so he dosent find himself in their same position. His stock wont go to ZERO or Bankrupt because he has NO debt and enough cash.
He continues to acquire assets at a 90 % discount…..while Everybody awaits Higher Prices ….You cant go back in time and buy Royalties cheap ,I know I own some !
I bought 10 years ago ! Sold some and ended up buying them back as things unfolded .You cant go back in time .All you can do now is stick with a GOOD plan ,stay out of debt ,buy assets very discounted and await higher prices….You got a better plan ?