Osisko - Virginia Gold Royalties

gold royalty company - 5% NSR on Malartic.

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Message: Re: Osisko sale bolsters Goldcorp results - good example
... for snapping up deposits from juniors on the cheap and generating huge profits afterwards. They double the resources shortly after the aquisition and then they have a ROI on total capital costs for full production of just over 1 year. What a deam ! On top they generate between $350M - $500M per year net profit from that project. I expect in-situ valuations per ounce to go up significantly if POG stays at these levels. FANTOMAS
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