I have Sutter on my to do dd list. Would love to see this thread get going
One big concern is that the gold stream is 900 oz per month, which could be over half of production. They could fall into the same trap Starcore did where the lender gets so much of the gold they have too little internal cash flow left over to really get a solid footing. I'm coming around on gold streams and accepting they are not necessarily a deal breaker for me, but I really like to see it at 20 to 30% absolute max, just because of what I saw with Starcore. That said, Starcore is getting closer to paying theirs off, possibly within the next 12 mths, and it's still around 12 cents.