Today we went to a war zone, a war zone against the trees by the Barrick Gold company
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Our results for the first fiscal quarter reflect solid performance from our overall portfolio of producing royalties, which offset the lower production at Cortez and production curtailment at Taparko ... Many of Royal Gold's prior royalty acquisitions are now poised to generate revenue. In the next quarter we look forward to revenue contributions from the recently acquired Barrick Gold royalty portfolio, the beginning of revenue from Dolores, and we await sustained production at Taparko.
If you are going to try to own any resource stocks, try to own the largest, most valuable inventory, and that's Barrick Gold.
We're still not there yet, but we're a lot further along than we were a few months ago
We're basically working in areas that have been extensively disturbed under previous permits
What I see right now is that all this turmoil in Ottawa will be a distraction from the work that needs to be done immediately to stabilize the economy
They want a steady hand. They want a well thought out program and policy based on consultation, not based on knee-jerk reactions
We simply do not have the time right now to fool around with political games. We are in a global crisis and we need focused, collaborative efforts and decision making
The amount we could afford to commit would be different with a balanced budget than if we have a $10-billion deficit