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.

TSX:ALS - Post by User

Altius Minerals Corp

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Post by Teatimenowon Aug 22, 2016 3:50am

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Post# 25163094

a nobrainer Aquisition target for ALS? (WarBay/777 claims)

While it`s relativly silent currently on the dealmaking side, i wonder if this one wouldn`t be a no-brainer
target for ALS.
They already own Royalty interests in the Hudbay 777 through the Callinan Aqusition and stated many times they wish to add polymetallic royalties.

Now:
Bison Gold Corp - V.BGE -
has a marketcap of only 0.9million Can$ (900.000$Can)

5 interesting Gold exploration projects
&
!! a 10% Buyback into the whole WarBay claims !!!

I would expect, that with ALS Teams deal making expertise thay could not only find partners for the Gold projects, but most important:

Negotiate an agreement with Hudbay to exchange the 10% Back-In-Right for a 1-2% NSR
which would than be additional to the already owned 777mine Royalty.

Hudbay is spending 17 million in exploration on the WarBay Claims, quite a bit of money...
https://www.newsfilecorp.com/release/14709/CallinanHudbay-17-Million-Option-Agreement-Advances-WarBaby-Claim-Bison-Gold-Has-10-BackIn-Option-on-WarBaby#.V7quQPmLTIU

I`d estimate that a Royalty on those claims, if put into production as a mine-life ext. to 777 a 1% Royalty should be woth up to 20times BGEs current marketcap.

Any thoughts?

Disl. I do hold some BGE - very low volume stock - be careful -

chrs
Teatime

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