I bet that AEM wants to deal with the royalty as a buyout deal..... Finalize it and do a one shot payout to maximize the profits of the Goldex mine going forward.

To do this there will have to be some kind of future value put on this... some attempt at what the current reserves are worth and potentially some valuation for possible additional resources.... I think this is what is the delay.

If one only had to pay out on the prodution they could have done that relatively quickley and cut a check... this seams to be draging on and why I suspect it is potentially a monitization of this royalty that is underway.... JMHO

If this is the case there could be other avenues to explore to monitize this... there are several royalty stocks.... who knows Maybe TNX.. Jim Sinclare would be interested in buying out that goldex royalty...... How about that Karen.... ask Dave to call Jim and see if he is interested?

2 to 5 million shares of TNX would be a nice settlement... Whats the royalty worth????