I love how in Brett's videos he's always showing off his swank office with the ocean view and the tide coming in .... he sure is living it up while investors suffer.
Like most all royalty coys of this size, the coy wholly ignores costs in its quarterly reporting - page after page on revenue, zero on why the coy makes massive losses (relative to revenue) each quarter. Mainly G&A, of course. Have never understood why G&A is so high in royalty coys - insane remuneration (and marketing) costs for basically doing an office job. Says the coy is massively undervalued - not if you want your investment to see actual profit. Jam tomorrow for investors; cavier today for management.
Look at Sandstorms Sales/Revenue & Total Assets... their SG&A is around 6-7M per quarter... now look at these guys with literally 1/60th the sales/revenues and 7% the total assets as Sandstorm with a consistent SG&A of 2M per quarter. Why i'm picking on this figure is that it kills their net income bottom line. It's a royalty company for heavens sake!
Paid marketing video of a company that is designed to prey on investors for the benefit of management doling out big salaries and bonuses to themselves.
unconvincing....even amongst the minnows...looks more like prey than predator at this stage of the game.That merger was a bad idea. The hard and sobering reality is that size does matter and the PM + copper sectors are just starting to come alive when there is no ammo in the tank. Ukraine redux!
I love how in Brett's videos he's always showing off his swank office with the ocean view and the tide coming in .... he sure is living it up while investors suffer.
This company is a steal deal at these prices.
Too many royalty companies pay nothing as a dividend and despite growth in revenues, the dividend stays dormant. No wonder the stock price languishes.
Like most all royalty coys of this size, the coy wholly ignores costs in its quarterly reporting - page after page on revenue, zero on why the coy makes massive losses (relative to revenue) each quarter. Mainly G&A, of course.
Have never understood why G&A is so high in royalty coys - insane remuneration (and marketing) costs for basically doing an office job. Says the coy is massively undervalued - not if you want your investment to see actual profit.
Jam tomorrow for investors; cavier today for management.
Look at Sandstorms Sales/Revenue & Total Assets... their SG&A is around 6-7M per quarter... now look at these guys with literally 1/60th the sales/revenues and 7% the total assets as Sandstorm with a consistent SG&A of 2M per quarter. Why i'm picking on this figure is that it kills their net income bottom line. It's a royalty company for heavens sake!
Is EB still involved with this company?
EB Tucker retired from the company December 2023.
Lifestyle company
Paid marketing video of a company that is designed to prey on investors for the benefit of management doling out big salaries and bonuses to themselves.
unconvincing....even amongst the minnows...looks more like prey than predator at this stage of the game.That merger was a bad idea. The hard and sobering reality is that size does matter and the PM + copper sectors are just starting to come alive when there is no ammo in the tank. Ukraine redux!