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Sirios Resources Inc V.SOI

Alternate Symbol(s):  SIREF

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

Post by sylvain_007on Apr 07, 2022 9:06am
149 Views
Post# 34583641

Many moove could have been done long before.

Many moove could have been done long before.
 
 
I don't know who is the strategist of this company but I must admit that they would have needed a lot of help on many points including financing when the share value was over 1$. This is the first bad step, so they could have gone for 20-30 Million for an equivalent number of shares but they waited and held back. The agreement with the partners, another situation that drags on but when you don't have money then you are not in a position of strength. The follow-up of the company costs money but when you don't have any money it quickly becomes word of mouth etc. Today, we have to deal with the lack of money, the dilution, the lack of visibility, the delays accumulated because of the lack of cash, well that explains in part where the company is today in its development.
 
 
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