Abitibi Royalties Inc ATBYF

Agnico

[arh0070]

Both agnico and yamana reported quarterly results this week .There were some comments about malartic and the oddysey extension and also other areas where abitibi has royalties .Detailed drilling results were not provided and there were some comments about higher grade zones(3 grams per ton) at oddysey but I found it very difficult to interpret .They are spending a lot more money on drilling in these areas and are continuing to move highway number 1 so the results must be good enough to justify these expenditures .Perhaps Ian Ball can provide more clarity .It appears that Barnat extension will start production in 2019 ,oddysey is further away .Agnico looks like it has a good future not so sure about Yamana which still seems to be struggling .