First Quantum Minerals Ltd. ( OTCPK:FQVLF )[FM:TSX; FQM:LSE] has some debt on the balance sheet and the market has punished the shares for its leverage during this downturn. The market has become very concerned about company debt levels and large capex projects, such as the Cobre Panama, which are going to require a large amount of money to develop. The new Franco-Nevada Corp. ( FNV ) stream helped validate First Quantum and backstopped the recent share price decline. This coupled with the operational developments at Sentinel gave us confidence that there was enough financial stability to justify getting involved. Given our positive views on copper, we felt like it would be a good way to leverage the metal price.