So its a royalty company. Like Silver Wheaton..?

Quacky: Yes, a relatively small version of SLW, but these companies are increasing in number and size to fill the gap left in the financing realm by the low valuations of PM companies and the resulting dilution of shares when they finance by PP. Sandstorm recently raised $50 million in a PP itself, and would not be likely to be able to fill TDC needs without help, but I only included them as an example of another method of financing which is becoming more prominent. Ike