Thoughts on Liberty Gold and Premier Gold Mines
I’ve been hearing about Liberty Gold and Premier Gold Mines a lot recently from both some of my guests and email from all of you. Since Erik and I really had nothing new to say on the overall metals markets we decided to discuss these companies. Remember these are just our thoughts.
Click here to visit Erik’s site – The Hedgeless Horseman.
Paramount Gold Enters Into A Royalty Agreement With Franco-Nevada Corporation
2019-04-11 16:05 ET – News Release
WINNEMUCCA, Nev., April 11, 2019 (GLOBE NEWSWIRE) — Paramount Gold Nevada Corp. (NYSE American: PZG) (“Paramount” or “the Company”) announced today that it has entered into a royalty agreement with Franco-Nevada Corporation (“Franco”) (NYSE: FNV) (TSX: FNV) to sell a 2% Net Smelter Return Royalty (“NSR”) on its Sleeper Gold property (“Sleeper”) in Northern Nevada for cash proceeds of US$2 million, subject to customary closing conditions.
CEO Downie salary $2 million, US, AS WELL AS ANOTHER $5 million the rest of the 10 managers/ directors. At this stage, way overpaid.
Downie, with Premier
Silver
April Silver’s Delivery Demands got an extra boost in purchasing yesterday as another 18 lot was added to the fray, yet the numbers on the board do not show the additions to the delivery count, with the April OI still at 16 demands for physical and with a Volume of 1 up on the board so far this morning. It is apparent purchasing doesn’t matter until they have nothing to deliver, so we’ll keep an eye on the numbers and report till our markets make the corrections of a life time. If this type of delivery issue is not evidence enough to prove purchasing at Comex no longer gives a real price discovery, then maybe the constant increase in the Overall Open Interest will help prove our accusations as the OI continues to climb with the count now totaling 212,971 Overnighters. The shorts added another 3,981 more positions to stay the price even though a larger purchase than was already scheduled was placed and settled. This game of more buying making prices cheaper, should not last much longer.
From:….jsmineset