Plenty Of Value As Gold Prices Go Up - Abitibi Royalties

Abitibi Royalties ran the closing bell at the Nasdaq Exchange on Thursday, and Neils Christensen was joined by Ian Ball, president and CEO of Abitibi Royalties, and chairman Glenn Mullan.
"The gold price helps Abitibi as you generate more gold off of your royalties your cash flow is going to go up, but even as a gold price environment that's been quite difficult, you've seen Abitibi share price up on the year," said Ian Ball.
Ball's comments came as gold climbed 2% on Thursday, while equities plummeted the day before, with the Dow Jones Industrial Average down more than 800 points on Wednesday. (show less)

Abitibi Royalties ran the closing bell at the Nasdaq Exchange on Thursday, and Neils Christensen was joined by Ian Ball, president and CEO of Abitibi Royalties, and chairman Glenn Mullan.
"The gold price helps Abitibi as you generate more gold off of your royalties your cash flow is going to go up, but even as a gold price environment that's been quite difficult, you've seen Abitibi share price up on the year," said Ian Ball.
Ball's comments came as gold ... (read more)

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