Safer commodity investment19 Apr 2013 13:16
This company collects royalties rather than profits from mining activities so earnings are more stable . Personally I would like it nearer 150-160p but bearing in mind the retracement we have seen I have made a modest re-entry here to keep and only to add to if it gets cheaper for an acceptable reason. The bulk of the activity is in the black stuff plus a bit in gold etc the latter in downtrend but probably not permanently.