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CEO.CA members discuss high-risk penny stocks which can lose their entire value. Only risk what you can afford to lose.
anonymousDirk also says he'd be liking this recent action on $BTR - says it's a possible TO candidate medium term - also due for a re rating once these additional high grade oz's are factored into a new resource (and/or.... if they continue to hit broad high grade intervals). 2 rigs currently turning.......a 3rd on the way, Dirk thinks. Good buy n hold stock, like $NHK.
@RocketRedfirst guy on CEO $NHK [ Luc ten Have] What will be the next Canadian gold project takeover? I see Beaufield $bfd, Falco $fpc, Niogold $nox, Bonterra $btr, Metanor $mto, nighthawk $nhk, lexam $lex, terrax $txr, gowest $gwa, adventure $age as targets. 3 of these 10 i own myself.
from #index, 1 Sep 2015, 14:11
@statesidehttp://www.comanusrising.com - In this episode of the newly branded Stateside Report (formerly Comanus Rising Podcast), we talk about the re-branding, we introduce a new 2017 sponsor (Genesis Metals), talk about the upcoming subscriber conference and PDAC March 4 and 5, encourage listeners to visit CEO.CA hourly, talk about the week in gold, the base metals and gold stocks and end with news from the past week on the Canadian junior exploration sector including: Genesis Metals $GIS Cornerstone Capital $CGP Bonterra Resources $BTR Aurion Resources $AU Galway Metals $GWM Southern Arc Minerals $SA Opawica Exploration $OPW Erdene Resource Development $ERD Timberline Resources $TBR Sokoman Iron Corp $SIC Cameco Corp $CCO and Orca Gold $ORG
@ExcelsiorI put up a post on the KER regarding $RZZ and $GZZ and figured it was worth posting here in the ~ProspectGenerator room in case anyone was interested. #Royalties#Streaming
"Both Abitibi Royalties (RZZ) and Golden Valley Mines (GZZ) are benefiting for all the work $AEM Agnico Eagle and $AUY Yamana are doing to unlock the value in that deposit.
"As we’ve discussed here on the KER dozens of times now – Golden Valley Mines is the better way to play all of this, and it has really out-performed Abitibi Royalties over the last year, and will continue to do so if investors evaluate things correctly."
"Golden Valley Mines (GZZ) is the company that spun out Abitibi Royalties in the first place, to Rob McEwen’s protege — Ian Ball. So often when I discuss royalty companies or prospect generators with other investors , and we get on to Abitibi, very few realize that Golden Valley was the mother ship, and retains 49% of their company. Basically they own HALF.
Ian and the Abitibi team have done a good job of finding other opportunities (like their pickup of the Red Lake royalties from another company I’m following Frontline Gold $FGC and the McFaulds Lake Property with Zinc/Copper/Silver targets)."
GZZ owns 49.4% of Abitibi Royalties (RZZ-TSXV); RZZ owns royalties on parts of the Canadian MalarticMine
- $RZZ has 3% NSR in MalarticCHL Property, located contiguous and immediately East of the producing Canadian MalarticMine and main open pit; NSR royalties include the Odyssey North Zone, Jeffrey Zone and portions of BarnatEast Zone
- $RZZ also has 2% NSR on portions of the Gouldie Zone and Charlie Zone
- $AEM / $YRI recently indicated that the previously established $13.5 million budget for the 2016 exploration program on Odyssey has been increased again (originally set at $8 million)*
-A total of 113 holes (89,774 metres) has been completed by Agnico-Eagle and Yamana, with drilling expected to continue through year-end *
-An initial inferred mineral resource estimate for the Odyssey is expected early in 2017
* The fact that Golden Valley mines (GZZ) owns 5,605,246 shares of Abitibi Royalties (TSXV:RZZ) (49%) of all these activities makes it the way to get exposure to this.
IN ADDITION, to that (GZZ) has a number of other irons in the fire, that make them the superior play.
- $GZZ owns 4,148,374 shares of $SOI Sirios Resources Inc.
-2.5 –4% NSR on the Cheechoo Prospect
** Active Joint Ventures
—> (GZZ) currently owns 100% of Lac Barry Prospect (working it with BonTerra)
- $GZZ granted an option to BonTerra Resources Inc. $BTR to acquire an 85% interest in the Lac Berry Prospect (deal announced March 11, 2016)
-To earn 85%, BonTerra must complete the following:
-Issue to $GZZ a value of $200,000 of $BTR common shares (issued)
-Incur expenditures of $2 million over 3 year period
-Upon exercise, $GZZ will retain a 15% free carried interest (“FCI”) and a 3% NSR, with 1% of the NSR being subject to a buyback for $1 million
*** Share ownerships
-49.4% of $RZZ -60% of $KZZ (7,763,634 shares)
-4% of $SOI -22.4% of $VZZ.H (4,170,910 shares)
Golden Valley recently granted an option to Uranium Valley to acquire a 100% interest in 62 of its grassroots properties
-Uranium Valley must incur $4,000,000 of exploration expenditures on the properties before December 31, 2021 ($500,000 before December 31, 2018; $750,000 before December 31, 2019; $1,000,000 before December 31, 2020 and $1,750,000 to be incurred on or before December 31, 2021)
-Uranium Valley will issue 10,000,000 common shares to Golden Valley at $0.20 per share for ($2 million value)
-Uranium Valley has granted Golden Valley a 1% NSR on the 62 properties
Golden Valley Mines – Corporate Presentation
1 year #LineChart of $RZZ and $GZZ showing the outperformance of Golden Valley Mines
[and rightfully so, as it has so much more exposure to other projects like Bonterra, Sirios Resources, Nunavik Nickel Mines, and Uranium Valley Mines].
@WannabeinvestorThe CEO gave a speech in one of the conferences last year (think Denver) and he was very clear about $OSK's priorities. They will focus on Windfall and exit from their minority positions. He said clearly that $BTR's Gladiator (close to Windfall) was no longer seen a priority because Windfall was a 'company maker'. Since they have been unloading $IDM, I do not think they would now make a U-turn in their strategy.
@ayeyou$BFD which has a large package of properties right smack dab in the middle of $OSK and $BTR at Windfall Lake is getting some traction. They are drilling now at their Rouleau gold zone north of BTR and south of OSK . Two other drill programs in next couple months on two more properties they hold there. Here is a good claim map to show their land holdings. $15 mil market cap trading at .115 today. http://www.beaufield.com/wp-content/uploads/2016/08/Urban-map-July-2016.pdf
@Kingsley$SEK is starting to get some love. Drills WILL turn soon. Plus with what's going on in the Windfall Lake district ie $OSK & $BTR work must be done on our Eagle River asap. SEK's CEO sold the Windfall Lake project to Oban/Dundee. I love gold, I love Quebec. I love the market. It's finally got lots of legs. *Disclaimer* I work with the company and have purchased about 60% of my personal portfolio in the open market. I am long #moneywheremymouthishttp://cdn.ceo.ca/1c9n2mp-SEK%20-%20Eagle%20River%20Map.JPG+
@ayeyou$BFD $4 mil bought deal financing by Dundee, no warrants either. Thats excellent news ,with $6 mil in cash now BFD can drill the crap out of their Windfall Lake properties this season with no need to give up any of their 100% ownership in the ground. Investment houses just throwing money at Windfall Lake this week with bought deal financings $OSK$BTR$BFD and for good reason. Lots of gold in the ground there.
@ayeyou$BFD has a great group of properties at Windfall and in fact both $BTR's Gladiator and OSK's Blackdog deposit are within shouting distance of BFD ground. They have already hit at Rouleau in the past including a 4 meter intersection of 5.9 gpt so they are getting there. With three drill programs scheduled for 3 of their properties there in next three months or so news flow should be pretty steady. Having that cash will open things up for $BFD I believe.
@ayeyou@cal Yes you missed this part of $OSK release Flow thru finance is additional to the reg PP.... The corporation has concurrently announced a bought deal private placement of 5.45 million flow-through common shares of the corporation at a price of $5.52 per share for aggregate gross proceeds of approximately $30-million. That offering is expected to close on or about Feb. 28, 2017, and is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including the approval of the Toronto Stock Exchange and the applicable securities regulatory authorities.*** Added to $BTR and $BFD you get a little north of the $97 mil I posted. http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aOSK-2441763&symbol=OSK®ion=C
@statesideStateside Report Podcast - February 10, 2017: http://www.comanusrising.com In this episode of the Stateside Report Podcast we introduce our new sponsor again Genesis Metals $GIS talk about the CEO.CA app and the developments this week, we talk about the week in gold and gold stocks and the base metals, we introduce a new feature on volume and percentage gain leaders from the Friday trading and wrap up with news from the Canadian junior exploration stocks including: Colorado Resources $CXO TriMetals Mining $TMI NuLegacy Gold $NUG Metals Creek Resources $MEK Nikos Exploration $NIK Bonterra Resources $BTR Beaufield Resources $BFD Wesdome Gold Mines $WDO and Aurion Resources $AU We talk gold, silver, nickel, zinc, lead, copper, oil, nat gas and uranium.
@dirkdiggler$SEK - still on the sidelines looking for an entry. Sure would like to see a nickle and a half again. I've had a position in $BTR since last summer. $BFD too.....not to shabby. Hat tip to @ayeyou
@ExcelsiorMany #ProspectGenerators water down the value with too many projects or too many equity stakes in smaller explorers that just don't have the funds to properly explore the properties out on option. However, I wouldn't say the prospect generator model is "dead". It is a different approach where there is strength in diversification over 1 big project = less risky.
A well run prospect generator, farms out their projects to solid companies that can execute on their projects, and they start collecting Net Smelter Royalties on these projects. When those actually develop into mines, then they don't need the small capital raises for G&A, as their revenues then come from the royalty payments. Look at $ALS Altius or $EMX Eurasian minerals as 2 successful prospect generators that now have paying royalty streams. The combined $AMI and $KSK has good royalty exposure as well, but they've been bogged down exactly because they've been spending all their revenues trying to develop Kemess, instead of growing a larger portfolio of Royalties. They can also sell projects for cash, like $EMX did last year.
The equity stake model in other companies can get a bit nebulous but $SMD Strategic Metals has stake in a number of key exploration companies making real progress, and those shares can always be sold for a profit. It's the same with $GMX Globex & $MRO Millrock. $GZZ Golden Valley Mines spun out their royalty to $RZZ Abitibi Royalties, and retains half of that company, but has an equity stake in Sirios, Uranium Valley mines, Nunavut Nickel, and an interesting JV with $BTR Bonterra for a NSR and earn in agreement.
* Here is a 1 year Bar Chart showing how the ~prospectgenerator model has netted 60%-300% stable returns since this time last year.
@statesideStateside Report Podcast - February 18, 2017 - http://www.comanusrising.com In this weeks February 18, 2017 Stateside Report Podcast we talk about the week in gold and gold stocks, talk about the upcoming resource shows in Toronto, discuss the volume and gainer leaders for resource stocks on the Canadian exchanges and then finally wrap up with the press releases from the past week issued by the Canadian junior explorers including: Genesis Metals $GIS Lexam VG Gold $LEX Marathon Gold $MOZ Bonterra Resources $BTR UEX Corp $UEX Cornerstone Capital $CGP Doubleview Capital $DBV Deep-South Resources $DSM Opawica Exploration $OPW Pasinex Resources $PSE eCobalt Solution $ECS West African Resources $WAF Golden Predator Mining $GPY and McLaren Resources $MCL We talk gold, silver, copper, lead, zinc, uranium, nickel, cobalt, oil and natural gas.