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| Corporate Profile: Premier Royalty Inc Publisher: Kaiser Research Online Author: Copyright 2010 John A Kaiser
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Premier Royalty Inc (NSR-T)
Bridgeport Ventures Inc went public on the TSXV on October 9, 2009 with a $0.20 IPO based on the McCart gold prospect in Ontario. Within a month Bridgeport had raised $13 million through a $1 private placement in which Hugh Snyder and Wayne Beach participated, and optioned a copper project in Chile that became the exploration focus until October 2010 when Bridgeport acquired Fronteer's non-core Nevada exploration portfolio for 4.5 million shares. This was followed by another $15 million financing at $1 to fund a 30,000 m drilling program for the Nevada prospects. However, by October 2011 Bridgeport suspended work on the Nevada prospects, dropped the Chilean options due to poor results, and declared itself to be looking for an advanced copper-gold project in the Americas while seeking farmouts for the Nevada properties. Bridgeport is headed by CEO Shastri Ramnath. In June 2012 the company announced it would be merging with Premier Gold's subisdary Premier Royalty Corp where Premier Gold will finish with a 60% interest in the company. In August 2013 the company announced it would be acquired by Sandstorm Metals on the basis of 0.145 of a Sandstorm share for each Premier Royalty share held. |
Key to Understanding IPV Charts and Spec Value Hunter Tables
An IPV Chart is a graphical presentation of a Spec Value Hunter table that has been constructed according to the Rational Speculation Model developed by John Kaiser. The IPV Chart allows speculators to identify which projects offer poor, fair or good speculative value in both absolute and relative terms. The speculative value depends on the project stage, the project's implied value as calculated by the company's fully diluted capitalization, stock price and net project interest, and the dream target deemed appropriate for the project. A dream target is what a project would be worth in discounted cash flow terms once in production. |
Green background indicates the dream target judged appropriate for this play by John Kaiser - otherwise unranked. |
Poor Speculative Value - |
Fair Speculative Value - |
Good Speculative Value - |
Note: narrow arrows indicate IPV is outside the fair value channel but within 25% of the fair value limits |
Click on the company name to view the company profile, the project name to view project details. |
Click on the project icon if its background is shaded to get the IPV Chart for that company. |
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