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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

Bullboard Posts
Comment by kroghon Jan 10, 2007 2:48pm
228 Views
Post# 11988773

RE: prospector if you info is rigth...

RE: prospector if you info is rigth...I agree with Espagnol. If cheechoo and/or sharks is the only valuable property, GZZ is the better play. If GZZ is taken out, the buyer will fund everything through to a mine and hence earn the full 80%. If these properties are truly valuable, GZZ effectively owns 80% and the dilution will be inconsequential compared to the value of the extra 20%. Of course, SOI could still be the better stock, but that would be for other reasons. And SOI would be a great stock in any case because of the 20% carried. If GZZ is taken out, but SOI is not, then SOI will be the way for investors to make money on Cheechoo and Sharks. I am a shareholder in both, so I don't really see it as a competition between the two but more as a mutual thing. Cheers.
Bullboard Posts