Holding company. His preference is to be a long-term investor -- so if nothing goes wrong, he holds for a long time. This company is a great example of that, as he's a founding shareholder (for 20 years now) of 2 of its constituent companies. At the time, the appeal was management and its exploration approach in West Africa and Eastern Europe. Royalty overlay was a good move. Probably the finest of the smaller royalty companies.
If you're willing to take on the risks of exploration, consider adding this as a speculative name in your portfolio. A lower-risk way to participate in a very, very risky business.
Holding company. His preference is to be a long-term investor -- so if nothing goes wrong, he holds for a long time. This company is a great example of that, as he's a founding shareholder (for 20 years now) of 2 of its constituent companies. At the time, the appeal was management and its exploration approach in West Africa and Eastern Europe. Royalty overlay was a good move. Probably the finest of the smaller royalty companies.
If you're willing to take on the risks of exploration, consider adding this as a speculative name in your portfolio. A lower-risk way to participate in a very, very risky business.