Gold Royalty Corp (GROY) Options

This is a Gold Royalty Trust. They don't have actual "employees" that work. They manage the trust and they invest in mines or lend money to upstart mines. They have a very robust catalog of mines and some up and coming ones in which they will eventually produce gold,copper,silver etc....

Look up the company on YouTube. They have a few videos where the CEO explains the strategy of the company.

yes this streamer is way under value IMO
However they have to many chiefs Why do they need so many officers
12 employees 10 of which are managment only 2 secretaries.
26% of shares held by insiers
79 institutons hold shares which is 15% yet that is 20% of the float
so 80% of the float is held by folks like us
I have 4800 share and 3200 WS and plan to add some every month

I'd say "someone" noticed the Warrants were trading below
their intrinsic value, and decided to do something about it.
Simple as that. Meanwhile, I'm just going to keep buying
the Stock, because it's even more undervalued.
But not for much longer. Light bulbs are coming on all over in
formerly Ossified Minds.

stock is down 3% warrants up 6% what gives

stock is down 3% warrants up 6% what gives

I look to the future, not the past.
What do you do, sir?

Royalty companies are going to be the stars
of this nascent PM bull, because they essentially
have no risk.

Well........It is what it is.....and that's this ;

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