- I’ll compare current operating assets, future potential assets, valuations, costs, and cash flows for Barrick Gold and gold streaming company Franco Nevada.
- Gold royalty companies have a lean business model and the appeal of constant positive cash flows, no matter the price of gold, is on their side.
- Gold miners have a history that’s better to forget after terrible investments were made in 2012 when gold prices were high, but are you investing in the past or for the future?
Two days ago, I described gold royalty, or streaming, companies and how they have outperformed gold and gold miners in the past.
Today, I want to compare the largest gold royalty company, Franco Nevada Corporation (NYSE: FNV), with the largest gold miner, Barrick Gold Corporation (NYSE: ABX), to determine which is a better investment at this point in time, a gold miner or a gold royalty company. More →