Last week I watched the Cassey Research "Going Vertical" webcast. Some interviewee's were worth watching more than others.
The President of Franco Nevada was one of the people discussing their views. He specifically mentioned TGZ as an example of how ridiculous the market sentiment was toward gold miners presently and stated the upside potential to TGZ.
Franco Nevada, as Loki stated, has a royalty streaming agreement with TGZ and the President stated that they had done extensive due diligence. I don't think it is a case of him talking-his-book as I don't see the upside to him if TGZ's share price goes up so probably worth taking his comments at face value - that being that TGZ is value for money and ridiculously so when it was priced at 41.5c in Nov 2014.
Cheers
John
TGZ Price at posting:
57.0¢ Sentiment: None Disclosure: Not Held
