• Gold Miners' Results Have Been Mixed At Best

    10 days ago - By ETF Daily News

    From Streetwise Reports : Fund manager Adrian Day takes a look at several major gold companies in his portfolio.
    Wheaton Precious Metals Corp. continues to diversify away from silver with two new streams, a gold and palladium stream on the Stillwater Mine and a cobalt stream on Voisey's Bay nickel mine. Both streams are front-loaded; Wheaton will receive 4.5% of the palladium reducing on hurdles to 2.25% and 42% of the cobalt (expected to commence in 2021 after a mine expansion) down to 21% over time. The first has a 6.1% IRR, and second 11% , reasonably high in the current streaming...
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