Gold Royalty Corp (GROY) Quote

what strike and date are you looking at?
I have been buying the warrants.

Interesting call option volume today...! Hmm 🤔 Planning on filling the gap up there and hit analyst targets, but shorts keep increasing positions too...!!

groy/ws the strike or conversion price is $2.25 warrants trade around low .30's as of now

Can you please share the symbol for the warrants? Thanks

I am adding warrants here looking for thsito fill thegap at 1.75
then as gold/silver raally in 2025 this streamer will skyrocket
JMO

yes an island with the lower gap at 1.42

GROY...............................https://stockcharts.com/h-sc/ui?s=GROY&p=W&b=5&g=0&id=p86431144783

I guess I should’ve waited for a response from someone before buying in $1.60. Does anyone care to provide their outlook on the share price?

I saw the BMO news today, which made me look at the stock. To me, it looks undervalued, but I’m curious what others here think.

I agree. The copper play will be big league!

GROY raised to "Outperform" by both BMO Capital and Raymond James.
Raymond James doesn't put "Outperform" on a stock unless they believe
it's The Real Deal.

This was a masterstroke, picking up this copper royalty.
And notice that the Bought Deal was fully subscribed, and
quickly, including the entire over-allotment. Now, let me tell
you something about 'H.C. Wainwright', one of the book-runners
in the Syndicate. They're this little NYC boutique brokerage
who cater to the ultra-ultra-ultra-wealthy, the sort of folks who
have a $20 million yacht as a dinghy for their $200 million
yacht. Yes, that crowd. Wainwright doesn't put their Clients
in dead-money deals. And Adriatic is in a very mining-friendly
jurisdiction. Bosnia and Herzegovina know from whence their
largesse cometh.

GROY is going to be Wheaton-on-Steroids.

Bigger trades starting to pop. This should have a recovery

BEARISH..... BOSNIA & HERZOGONIA will be a Geopolitical factor down the road. Sold GROY for Metalla.

Bought more

yes looking good . This is a streamer so as the metal moves up it has more leverage
If gold gets to 2500 by year end this should be $10 jmo

GROY...............................................https://stockcharts.com/h-sc/ui?s=GROY&p=W&b=5&g=0&id=p86431144783

this puppy is acting very well

GROY.................................https://stockcharts.com/h-sc/ui?s=GROY&p=W&b=5&g=0&id=p86431144783

great news all the streamers are surging. We should get a pull back on gold when it comes load up as we will be over 3,000 oz (JMO) by year endIF so streamers will out perfrom gold/silver stocks.

Gold Royalty, Côté enters production this month (NYSE:GROY)

Was hoping to get more in the 1.30s area oh well. Still think this is a great very long term hold

Keeping an eye on this one. Volume has been very interesting lately. Hopefully some great news is on its way.

Q4 2023 EPS Estimates for Gold Royalty Corp. Reduced by National Bank Financial (NYSE:GROY)
https://www.investorsobserver.com/news/stock-update/amp/should-you-accumulate-gold-royalty-corp-groy-stock-monday-morning

How Gold Royalty (NYSE:GROY) is Reshaping the Gold Industry
https://10xalerts.com/how-gold-royalty-nysegroy-is-reshaping-the-gold-industry/

INVESTMENT: THE GOLD STANDARD FOR ROYALTIES (NYSE : GROY)
https://10xalerts.com/investment-the-gold-standard-for-royalties/

Anyone know when the warrants expire? Maybe that will help the share price

Book value per share is $3.65 on trading view. Nice discount unless gold plummets long term

Yeah I still have no shares but continue to watch. Lets see how low this goes

yes it is a Royalty they get their $$ from production of other companies. As of now they are lossing .14 stopped div using cash they have to buy a small
holding in Cozemmin mine copper and silver it can o lower as current PMs are dropping so their rev will drop. However, by year end I think gold ssilve and coper
will be much higher so I'm holding and looking and watching for the bottom to add JMO

The price continues to decline and is below the 8 EMA. Wait for it to break the 8 EMA on a weekly chart.

This is certainly a long play. Shareholders will have to wait for mines to come online and start production. It should be a steady build to profitability and increasing revenues. I like it. But im currently out of the position until i see downward pressure on the shares to slow down and it finds a good bottom. I think the market cap now is getting to a good spot though and will be looking to buy and hold long term soon.

Just an opinion.

Please explain.

Going to potentially become a generational buying opportunity

Lower lower lower. How long can she go?

Still trying to find the bottom this one. Interested to see new earnings. Commodities are at a good level. Should be doing well . Just dont want to buy any until its scraping its low

Gold Royalty Announces Acquisition of Royalty Over Capstone’s Producing Copper-Silver Cozamin Mine
Vancouver, British Columbia – July 31, 2023 – Gold Royalty Corp. (NYSE American: GROY) ("Gold Royalty" or the "Company") is pleased to announce that it has entered into an agreement (the "Agreement") to acquire an existing 1.0% net smelter return (“NSR”) royalty (the “Royalty”) from Endeavour Silver Corp. (“Endeavour”) on portions of the Cozamin Copper-Silver Mine, located in Zacatecas, Mexico, (“Cozamin”) for total cash consideration of US$7.5 million. Cozamin is owned and operated by Capstone Copper Corp. ("Capstone").

The Company also announces that it expects that, with the completion of the proposed acquisition, its board of directors will suspend dividends under its previously announced dividend program to focus capital on executing its strategic priority of growing cash flow and net asset value per share through accretive acquisitions.

David Garofalo, Chairman and CEO of Gold Royalty commented, “The acquisition of the Cozamin royalty brings immediate cash flow, complementing our peer-leading revenue growth rate from our portfolio of high-quality, long-life North American assets. Capstone is an experienced and proven operator and we are excited to see them continue to deliver strong operating and exploration results at Cozamin for years to come. We currently expect to be generating positive free cash flow in 2024 with, among other things, the addition of Cozamin, the Côté Gold Project on track to enter production early next year, and corporate overhead costs continuing to decrease.”

Acquisition Highlights:

Cozamin is an established, low-cost operating copper-silver mine which has been in production since 2006 and has a history of exploration success and mine life extensions;
The Royalty generated revenue of over US$1.0 million over the last year and is expected to add meaningful cash flow to Gold Royalty going forward, along with leverage to increasing copper and silver prices during the life of mine;
Capstone published an updated National Instrument I 43-101 ("NI 43-101") technical report for Cozamin in May 2023 which outlined a life of mine plan extending to 2030 based only on mineral reserves1;
The Royalty covers two concessions over the Calicanto vein at Cozamin. As part of the transaction, Gold Royalty has been granted the option to acquire additional royalties on five contiguous concessions to the south of the Royalty for consideration of up to US$500,000.
The Company intends to fund the transaction through its existing cash and cash equivalents.
1 Based on the NI 43-101 Technical Report titled “NI 43-101 Technical Report on the Cozamin Mine, Zacatecas, Mexico” prepared for Capstone Copper Corp. with an effective date of January 1, 2023, a copy of which is available under Capstone’s profile at www.sedar.com (the "Cozamin Report") . C1 cash costs per payable pound of copper produced is a measure reflective of operating costs per unit. Capstone calculates C1 cash costs as cash production costs of metal produced net of by-product credits.

The Cozamin Royalty

Cozamin is a copper-silver underground mine with a surface milling facility, located 3.6 km north-northwest of Zacatecas City in the mineral-rich state of Zacatecas, Mexico. Since the first full year of operation, Cozamin has generated free cash flow at all points of the copper price cycle.

Cozamin has been continuously operated by Capstone since late 2006, when it commenced commercial production at a rate of 1,000 tonnes per day. At the time, it had a three-year mine life based upon then existing mineral reserves. Since then, successful exploration has extended the expected life of the mine to 2030 based on existing mineral reserves1.

From 2023 to 2030, average annual production is currently forecasted by Capstone at 20,000 tonnes of copper and 1.3 million ounces of silver at average C1 costs of US$1.51 per payable pound of copper. Between 2023 to 2027, average projected annual production is expected by Capstone to be higher at 24,000 tonnes of copper and 1.7 million ounces of silver, at lower average projected C1 costs of US$1.46 per payable pound of copper1.

Capstone announced on February 1, 2023 that it plans to update its mine plan in 2024 to introduce cut-and-fill mining, which it expects will allow it to convert additional resources to reserves and provide a pathway to increase production at the mine to better utilize the installed mill capacity of 4,400 tonnes per day.

The Royalty was created under a 2017 concession division agreement between Endeavour and Capstone, under which, among other things, if Capstone outlined a primarily base metals mineral resource estimate (defined as >60% of NSR value) on certain concessions owned by Endeavour, it would grant Endeavour a 1% NSR royalty on such concessions. The Royalty applies to two concessions (Calicanto and Vicochea) where the base metals threshold was met. Gold Royalty has also been granted an option by Endeavour to acquire a 1% NSR royalty on five additional concessions if such royalties are granted in the future. Pursuant to the option, Gold Royalty would acquire such royalties, subject to existing rights of first refusal held by Capstone, in exchange for US$300,000, in the case of the Mise concession and US$50,000 in the case of each other concession, which amount may, at the option of Gold Royalty, be satisfied by issuing Gold Royalty common shares.

The acquisition of the Royalty is subject to customary conditions and is currently expected to be completed in August 2023.

Figure 1: Plan view map superimposing the Endeavour concessions and an aerial photograph of the existing mine workings (Reference: Capstone Endeavour Division Agreement)

What is a fair market cap for GROY? I think around 200 million. So its close to where it needs to be. Still an interesting long term hold

I’m not a big fan of copper. There is money in that, but there is so much around us at any given time.
My metal is more for insurance against my long term debt. I did good with wrapping up all my debt below 3% for the next 30 years. I missed out in the kids college debt. A senior and freshman. So long as inflation stays around 10% over the next 10+ years, I’m good.
However, if things go nutz and we see resl inflation going over 30-60% per year, everyone’s fix rate mortgages have a clause where the bank can call the entire loan ASAP. That’s where the dollar will be worthless snd gold/silver will explode. I want enough to pay off my mortgage with metal.

Other than that, gold/silver is a crap investment. I look at it as insurance.

I’ve hoarded a lot of silver. It’s heavy as hell. If the gold-silver ration ever gets below 65, I’m rolling 3/4 of my silver into gold. But damn! The ratio keeps going up. You must buy silver this high.

As gold hits new highs in the short term, next 10 years, GROY will do awesome. It’s like a gold index fund. They have a broad net of miners doing the work and taking the risk and expense. Just picking a single miner is like throwing darts. I’d rather buy physical than doing that.

well I see my email must have an incorect place I did a capital T small m and s.

Thanks for the reply I think I just sent you an emai if what I saw is correct.

seems most of us who follow the PM's seem to have similar opinions

I was drawn in reading the stories of family history, I enjoyed reading them. As far as the copper bullion goes, I bought 100 oz rounds about 3 years ago on Ebay before I knew about JM Bullion. If I remember correctly I paid 180.00. The value at one point since then was double, now it's the same price I paid. JM Bullion has much better deals than Ebay. But to me it's a mere novelty for now.

If silver is $350 to $750 per ounce you might have a hard time getting change...

What do you think of the one ounce copper bullion? .999 pure with cool designs on jmbullion

Awesome stuff. I got a few that have dug way back too. You have to be interested where your legacy began.
I can get back prior to the civil war, but not far. I’ve been to the Davidson castle in Inverness. Climbed the hill to the original ruins. Family crest and coat of arms over the fire place. It’s a motel and no one has a clue what the Davidson clan is.
My mom side is Posey. DuePosea’ when they got out of debtors prision and ran to New Orleans. We still have that property on both sides in Mississippi. Pine trees farms now.,
Like this gold. You want to build a legacy for your kids. I’ve taught mine to build on what my parents have built snd what I’ve accumulated.
To pass down a legacy living off dividends snd intrest payment insured by gold is a great thing to build on. I hope to get my Dads gold and silver and I’ll pass all that down to my two. That’s my investment. I look at metals as insurance if all he’ll break down.
These Gold plays have to be ready to pop over the next 12-24 months. They have too. The world is going to shit. Amazing how fast the a world can be at war. All we had was Syira 2 years ago. That’s about to implode too. Putin is pushed over his gas line. Just like we were pissed over 911. Bush had to do something in retaliation, so does Putin. Something stupid is going to be done snd trigger hell.

Most major cities have a 2 week supply of groceries from all the food wholesalers that deliver by truck every day.
Once grocery stores are down to Hawaiian pizza and near beer, your city will become a war zone.
God Forbid if the grid goes down too. You will need gold/silver to buy gas. Money will be worthless. Inflation can kiss 100%s in a snap. Credit is a past dream.
I’ll Max all my credit cards out asap to buy more camping gear and ammo.

Paper gold like this will be a bust too.
But untill then, this has great potential.
I’m talking about silver going over $750 oz and gold over $7-10k.
World central banks and Nations are buying up all the gold. If Biden get us in a kinetic war, gold/silver goes balistic too. Supply gotta come from somewhere.
Wild supplies have to be getting close.
All my gold/Silver sites to buy are still loaded. Some stuff you can’t get. The rare stuff.,

Agreed Fink...
We need a respect for real living once again.
The painted up gussy just don't work or produce any more.
Let the dogs eat her flesh in the street.

yes they were Last year I finished my family history. Took 38 years.I was at the end of my line of cousins youngest grand kid on fathers side.As a kid I heard my aunts and uncles talkiing about their grand parents and parents. In 1984 Bill Sherman a ccousin showed up from OR. He was at the upper end of the age group. Had been a WW2 pilot. When he got out of acative duty he remained in reserves. He and a friend started a business. They sold it in 1983. each got 20 million. He was on a mission to collect his family history. He had letters from the 1920's to 40's Those really opened things up. I converesed with him and 11 other cousins for over 30 yeras piecing things together. I even got into my wifes family as much as I could. Bill had hired a professional genealogist to search out somethings. We found a cousin in Ireland. Bill went over. He toldf me I had to go. In 2003 my wife and I went. The cousin was sick but lined us up with tthe farrmer who was farming the original farm. Saw graves and got stories. We acctually had a Scotish Prricess marry into tthe family. That had been "family rumor "proved true. One of the ffamily came over late 1790's had a memebr in the War of 1812. The Sherman side came in 1847. A 10 year old boy got sick after leaving Sligo and had to be put off at Liverpool with a cousin. SHe got sick and died. HE was put back on a ship and landed in NY. From there he walked to Louisville KY where he found his aunte, my greatgrand mother. Her nephew joined the civil war before he was old enough and was with Geneal Sherman on his march to the sea.. One of his cousins on the other side was not so lucky he was killed. My mothers side came from Denmark A cousine found a cousin there so we picked up history back into the 1700's and could have had names back to 1400's but no idea what they did. WhenI did the history I wanted to not just have name and dates but the stories and occupations. It is 789 pages with photos, obituaries and letters.

11 copies are in libraies/museums including the library of Congress. We have 12 grand kids they all have a copy it is hard bound with 70lb acid free paper. Also they have a scandisc so they can add their history as they marry and have kids. WIth so much being in texting and email not many letters anymore.

You have the good fortune to have talked with great grandparent. You need to place all you can remember into writing. It is eay with a computer. Then start digging with your cousins.
Bill SHerman died before he got anything printed. I spoke with his sone who has no interest in diving into all Bill file cabinets. He has a garage fileld with ffile cabinets. His son said he has a cousin who said he wants to do it when he gets out of the service.

I was in the Army reserves 1963-69. never activated. Began at an engineer battalion in Dubuque, transfer to a field hospital in Cedar Rapids. They had just returned from duty at Berlin.The Enngineer a year latter were activate. The reason I transfered is I got a job selling real estate in Cedar Rapids.

I have a tremmor so occasionly I mistype and spell check misses it

Those were the good times. Their grandparents had it tough but probably thought they had it good too. All my people were self sufficient. They probably could not tell you were China is or Ukraine. Europe was a fantasy. If you went to a World fair, you were high culture. I was lucky to have seen their farms from both sides of my family. Their money was backed by gold/Silver.
It going to again or we are doomed.

yes things are changing fast. WIll be lucky is Russia and China don't unite against USA and Nato. WW3 is so very close to starting. Binden's speach in Kyiv was stupid and antagonizing.
Iran is close to a nuke bomb and N Korea building better delivery systems.

Your dad getting paid in procuce in the 60's wow. Our town in 1940-50's had 1400 people. 2 harware stores which ment 2 fundeal homes. 2 MD's and 1 Chiropractor (my dad) a harness shop. 5 grocery stores a John Deer dealer and a IH dealer. 1 ford, 1 Chevy and 1 Plymout dealer, a mens clothing store, a 5 and dime 1 drug store a varriety store a movie teather 5 gas stations, 2 feed stores 1 blacksmith shop, 1 cop, 2 resturants 1 dance hall (it was the American Legion hall) 3 schools 2 were religious, 1 stock yard, 1 moon shiner. The farmers would come into town with horses and tie up in the alleys and hit the taverns while the wives shopped.