Almadex Minerals (TSXV: DEX) currently trading for only $0.215 per share owns the following royalties and at any price of below $0.38 per share you are investing into these royalties for free because the company has $0.28 per share in cash and after including securities and a gold loan receivable their cash + investments position becomes $0.38 per share.
2.0% NSR Royalty in Endeavour Silver's La Bufa in Chihuahua
1.50% NSR Royalty in Candelaria Mining's Caballo Blanco in Puebla
1.75% NSR Royalty in Azucar Minerals' El Cobre in Veracruz
2.0% NSR Royalty in Gold Resource Corp's Cerro Colorado in Oaxaca
2.0% NSR Royalty in McEwen Mining's El Encuentro in Sinaloa
2.0% NSR Royalty in Gold Resource Corp's El Fuego in Oaxaca
2.0% NSR Royalty in Aloro Mining Corp's Los Venados in Sonora
2.0% NSR Royalty in Almaden Minerals' Tuligtic/Ixtaca in Puebla
2.0% NSR Royalty in Alianza Minerals' Goz in the Yukon
2.0% NSR Royalty in Alianza Minerals' Mor in the Yukon
2.0% NSR Royalty in AuGold's Ponderosa in British Columbia
2.0% NSR Royalty in Westhaven Gold's Prospect Valley in British Columbia
2.0% NSR Royalty in Long & Associates' Ram in the Yukon
2.0% NSR Royalty in Westhaven Gold's Skoonka Creek in British Columbia
2.0% NSR Royalty in Alianza Minerals' Tim in the Yukon
DEX owns royalties in two separate Westhaven Gold (TSXV: WHN) gold projects in Canada's Spences Bridge Gold Belt!
DEX's Mexican royalties are the most valuable in terms of already established gold resources/reserves, but we know a lot about WHN and the Spences Bridge Gold Belt and we would argue that their WHN royalties could eventually become their most valuable.
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has received compensation from WHN of US$50,000 cash for a six-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.