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1. Acquire existing royalties or metal streams;
2. Provide upfront payment for the exploration, development and construction of precious metals mines in exchange for royalties; (G8COINS used for purchase contracts)
3. Monetize precious metals by-product streams from base metals operations in development or operation; and
4. Provide acquisition upfront payment, in partnership with established operating companies, in return for a royalty or metal streams on the acquired properties.
5. Bottom line our own mine in production.
6. Diversify into other commodity streams Oil/Gas/Water/Wind-power.
7. Wing energy off-set the usual high cost of production e.g. fuel costs (Electrical mining equipment to 70%) all green production cycle.
NOTE: G8COIN’s debt free/100% owned Mining Property’s.
Royalties Vs Streaming Precious Metal Companies
Similarities to Silver Wheaton ;- Silver Wheaton is recognized for their superior management as they have been able to grow future peak production levels from 0 in 2004 to 45m by early 2010 ( expected to be reached in 2013-2014). But what stands out is the fact they have been able make these acquisitions on extremely favorable terms, with all in costs amounting to more or less 8.00/oz of silver with the exception of a few deals such as Rosemont. One would expect having the former CFO of Silver Wheaton as CEO of Sandstorm, acquisitions would be on comparable terms. In fact, they are currently the lowest cost producer relative to Royal Gold, Franco-Nevada and Gold Wheaton. The average cost per attributable ounce is less than $400/oz. Additionally, like Silver Wheaton, they have little tax liability. That's another comparative advantage to Royal Gold and Franco-Nevada.
The company focuses on acquiring royalty interests from proven mines that are either in production or in development stage in exchange for royalty payments. The Denver, Colo.-based firm owns interests on 204 properties on six continents, including interests on 36 producing mines and 21 development stage projects. Stated another way, it has all the benefits of being in the precious metals business with very few of the risks. That's why I consider it one of the safest ways to invest in the nascent bull market in gold after the brutal bear market that trashed such big name miners as Barrick Gold(ABX_).
It was that bear market culminating in late 2013 which helped Royal Gold seal more profitable deals. As the price of gold fell from $1,900 an ounce in 2011 to below $1,200, many production companies were in desperate need of operating cash to stay in business.
With more than $600 million in cash as of March 31, Royal Gold was able to offer financial help in exchange for the right to share in the production and profits of its gold-mining partners. This worked out well for Royal Gold in the first quarter of 2014 contributing to its year-over-year quarterly earnings growth of almost 212%
A few large companies did dip their toes into streaming. They include Goldcorp Inc in 2007 and Barrick Gold Corp, the world’s biggest gold producer, in 2009 to help fund its big Pascua-Lama silver and gold project. Silver Wheaton’s $1.9 billion gold streaming deal in February with Brazilian mining giant Vale SA raised talk the world’s biggest diversified miners were warming to the idea. Analysts tipped Rio Tinto Plc, BHP Billiton Plc and Glencore Xstrata Plc. as possible Demand from small- and mid-sized companies for streaming finance is expected to continue.
Precious Metal Companies!!!
Since I first wrote an article regarding the streamers/royalties among the precious metal companies, a lot has changed, notably with Royal Gold (RGLD) and Sandstorm Resources. I will go over all the royalty companies once again, but this time a bit more in depth the Gold Streaming business.
How do royalty companies work?
The royalty company pays an upfront fee (to help finance the development of various mines) in exchange for the right to purchase silver at approx $4/oz and gold at $400/oz (although they vary). I recommend doing due diligence to get an idea of what the difference is between streams and royalties as royalties have multiple types. This includes GSR (Gross Smelter Revenue), NPI (Net Profit Interest), GPR (GROSS PROCEEDS ROYALTY), CGR (CONTAINED GOLD RETURNED), (NET SMELTER ROYALTY) and SSR (SLIDING SCALE ROYALTY). They also do not need sustained capital expenditures going forward except the one time upfront payment when an acquisition is made.
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