Exposure to Gold: How? How about PM stocks?

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If you decide to invest in gold, which way would you choose?

And how about precious metals companies?

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Let's start with Franco-Nevada

From their Website: "Franco-Nevada Corporation is the leading gold-focused royalty and streaming company with the largest and most diversified portfolio of cash-flow producing assets."









Metal royalty and streaming companies provide funds for mines in exchange for future payoffs.
Royalty companies receive a fixed percentage of the revenue generated by a mine, while streaming companies receive physical metals.


Benefits of Investing in Royalties and Streams

A royalty and streaming company has several advantages, such as diversification, wide margins, and lower risk.
Since these companies invest in many mines at once, if one fails, they may still receive revenue from other mines.
They can also diversify the risk by investing in mines in different stages. Instead of only investing in mines in the production stage, these companies also buy stakes in mines that are still being developed. By having multiple, some a much as 200, mines in various stages of development, royalty and streaming companies are less impacted if a few of the mines are not able to generate revenue.

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Barrick Gold

Barrick had been the world's largest gold mining company until Newmont Corporation acquired Goldcorp in 2019.

Headquarters: Toronto, Canada

Number of employees: 18,421




2022 HIGHLIGHTS

GROUP GOLD PRODUCTION = 4.1 MILLION OUNCES

NET CASH from OPERATING ACTIVITIES = $3.5 BILLION

FREE CASH FLOW = $432 MILLION

NET EARNINGS = $432 MILLION

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