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Pierre Lassonde Reflects on his Life, Career, and Paving the Path for Mining's Royalty Business Model

Mining Stock Daily

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What's the Evolution of the Oil and Gas Business?

Frida Ghitis: Was it always an idea that the company needed to have a diversified portfolio of royalties in regards to the resources themselves? Or was it maybe perceived that Franklin Nevada would strongly be a gold royalty company first and then maybe diversify into other metals and resources down the road? How did that kind of evolution happen? Cheer boredom.Ghitis: The costs have gone up with the competition. There's absolutely no question about it. And where are you going to end up making your monies? You're not going to get any optionality. So when you look at Franco today, we buy like, you know, iron ore royalties with 50 year life copper royalty with

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