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Sirios Resources Inc V.SOI

Alternate Symbol(s):  SIREF

Metals & Mining Gold
Sirios Resources Inc. is a Canada-based mineral exploration company. The Company is focused on developing its portfolio of high-potential gold properties in Eeyou Istchee James Bay, Canada. Its projects include Cheechoo, Aquilon, Maskwa, Li-52, Niska and Tilly 2. The Cheechoo gold project is located in the Eeyou Istchee James Bay region of Quebec, less than 15 kilometers (km) from Newmont’s Eleonore gold mine. The property consists of a main block of 121 claims, as well as a secondary block of 35 claims located about 20 km to the west. The Aquilon project covers 68 km2 of the Aquilon greenstone belt, in the La Grande subprovince of Quebec. The Maskwa gold project is located approximately 100 km southwest of Radisson and approximately 120 km east of Wemindji in Eeyou Istchee Baie-James, Quebec. The Li-52 property, located in Eeyou Istchee Baie-James, is made up of 550 claims covering an area of more than 286 square kilometers (km2).


TSXV:SOI - Post by User

Sirios Resources Inc > Can't wait to see how the public will react.
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Comment by Althymon Feb 04, 2021 9:07am
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Post# 32468696

RE:RE:RE:RE:RE:RE:RE:RE:RE:Can't wait to see how the public will react.

RE:RE:RE:RE:RE:RE:RE:RE:RE:Can't wait to see how the public will react. @givemeabreak1

Several reasons may explain the decision to postpone drilling until next summer.

1- The share price being at its lowest and the price of drilling having increased due to the demand in the Abitibi region, it was probably justified to postpone the summer drilling in order to reduce costs. This is probably why DD is now talking about a 10,000m or 15,000m drilling campaign.

2- Another possibility was to wait for the results of the heap leaching to see the reaction of Newmont (and any other investor) in order to verify the interest and the possibility of a joint venture or a possible buyout.

For the moment this does not seem to raise the share price ...


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Dealroom for high-potential pre-IPO opportunities