Altius Minerals Corp T.ALS

Alternate Symbol(s): ATUSF

Metals & Mining Industrial Metals & Minerals

Altius Minerals Corporation is focused on growing its royalty business through prospect generation and the creation and acquisition of royalties. It diversified mineral royalties from 11 operating mines located in Canada (nine) and Brazil (two) that produce copper, nickel, cobalt, lithium, potash and iron ore. Its segments include Mineral Royalties, Project Generation and Renewable Royalties. The Mineral Royalties consist of the acquisition and management of producing and development stage royalty and streaming interests. The Project Generation segment is engaged in acquisition and early-stage exploration of mineral resource properties with a goal of vending the properties to third parties in exchange for early-stage royalties and minority equity or project interests. The Renewable Royalties segment includes a majority interest holding in publicly traded Altius Renewable Royalties Corp., which is focused on the acquisition and management of renewable energy investments and royalties.

TSX:ALS - Post by User

Altius Minerals Corp

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Post by nevconon May 16, 2014 5:07pm

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Post# 22571912

SOME BAD NEWS FOR THE SELLERS OF ALS

The current lot of idiotic sellers have obviously NOT taken into account that ALS bought back +/- 4,6 million shares at an average price of CA$7 They then issued +/-4,6 million shares for CA$14 thereby discounting their debt by 50% So those wisenburgers buying the paper today are getting an added bonus. I have never ever seen a bigger bunch moronic sellers in my life.Oh well if you haven't bought this counter yet ,what the bloody hell are you waiting for??? I seek safe harbour please DYODD

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