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.

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Altius Minerals Corp

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Comment by Greenandgold.on Feb 28, 2012 11:46am

492 Views

Post# 19598053

RE: all that cash

Of course they can spend the money productively, these guys are sharks. Patient sharks. Remember when they tried to merge with International Royalty Corp? Or tried to finance the Lower Churchill hydro electric plant. Ballsy.

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Another big opportunity like that will come along. It's inevitable with the market's ups and downs.

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Franco-Nevada spent $66 million on copper royalties in Chile and Argentina. Anglo Pacific Group has spent $30 million for a 1% iron ore royalty in Greenland. Not markets I'd want Altius to be exposed to, and not the prices I'd want them to pay.

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