The conversation *behind the fine print.*

Elemental Royalty CEO Fred Bell joins Jim Paterson and Brien Lundin at Beaver Creek, the day after announcing the largest transaction in the company’s history: a US$290 million acquisition of five streams and royalties from Orion. Fred first met Jim in Zurich in 2017, when Elemental was a private company that had to split a $2 million royalty with a partner because it couldn’t fund the deal alone. He explains how the company went from giving away deals it couldn’t afford to closing them on it

Meet the hosts of Forward Looking Statements. In this short introduction to the podcast, recorded in Beaver Creek, Colorado, Jim Paterson and Brien Lundin explain why they started the show and what listeners can expect over the coming year. Between them, Brien and Jim have spent decades in metals and mining and built overlapping but distinct networks across the industry. Brien, publisher of Gold Newsletter, brings the view of an analyst who has followed a wide range of projects, people an