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 netgenxon Jun 02, 2014 12:00pm

206 Views

Post# 22621167

RE:RE:Obama puts the boots to coal

carinthian wrote:
netgenx wrote:
Obama announced his "climate change" initiative today, which is pretty clearly aimed at coal fired generators in the US. As I said earlier, I'm not a fan of the coal assets that ALS picked up in the deal with Sherritt, and I think today's news will only undermine the coal price going forward. I still think we see $12

1.) The coal assets are in Canada and not the US. In aregion where 50% (I guess that was the number that was stated) of the energy is produced by coal fired powerplants.

2.) The royalties are independent from price but bound to quantity used as far as I remember. So low coal prices should support more usage of coal.

No idea what prices we will or will not see but who bother of share prices going up and down 10%. I am no pro but I am not aware of a company with a similar that attractive risk return profile.

Just my personal thoughts. DYODD
carinthian

1) it doesn't really matter if the assets are in Canada or the US. If usage there falls substantially, supply will exceed demand and prices will drop here as well. 2) re: quantity - Harper has said that he will consider US policy on climate change going forward when developing policy here. I think Canadian generators are going to be pushed to convert to gas. 3) price has already dropped $3.50 from high; definitely more than 10%...

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