Altius Minerals Corp T.ALS

Alternate Symbol(s): ATUSF

Metals & Mining Copper

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.

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Altius Minerals Corp

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Comment by greenandgoldon Mar 29, 2011 3:10pm

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Post# 18356871

RE: Paul Van Eeden on BNN

I wrote Van Eeden about his bearish position on China vs investment in Altius. He replies that his investments in Altius and Evrim are not related to any macroeconomic stance. He likes the particular business operations of both companies.
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In other words, while Van Eeden believes there may be trouble ahead for base metals and China, his view is that Altius will be able to survive and prosper. Why?
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1) The prospect generation model reduces risk. If iron ore prices suddenly went south (let's say dropping below $70 per tonne) then Alderon would be big trouble, most of its market cap would be wiped out. Altius would lose its investment in Alderon and take a hit to its stock price but it would definitely survive the crisis.
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2) If there is the major base metals downturn, as predicted by Van Eeden, that would be the perfect time for Altius to use its huge cash position to buy base metals royalties for pennies on the dollar.

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