Watch The Royalty Of The Miners For Clues On Precious Metals Prices |
January 07, 2016 | January 2016 Bond Updates |
In 1983, my friends and early mentors Seymour Schulich and Pierre Lassonde founded Franco-Nevada Mining, the world’s first gold royalty company. The two uniquely gifted money managers were on to something big. It was originally Seymour—then an oil analyst at the Canadian investment firm Beutel, Goodman & Company, where he and Pierre met—who recognized that the royalty model used in the oil and gas industry had some of the highest returns on capital. |
View more at: http://www.forbes.com/sites/greatspeculations/2016/01/06/watch-the-royalty-of-the-miners-for-clues-on-precious-metals-prices/ |
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