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Purpose Cash Management Fund Class A V.MNY


Primary Symbol: T.MNY

The fund seeks to earn a high rate of income To achieve its investment objectives the fund may invest in high-quality, short-term (one year or less) debt securities, including treasury bills and promissory notes issued or guaranteed by Canadian governments or their agencies, bankers acceptances, high interest deposit accounts with one or more Canadian Chartered Banks and/or Canadian Credit Unions, asset-backed commercial paper and commercial paper issued by Canadian chartered banks, loan companies, trust companies and corporations and securities of money market funds. Investments made by the fund will be in the top two ratings categories of any of the designated rating organizations (as defined in NI 81-102).


TSX:MNY - Post by User

Comment by ompong12on May 01, 2017 2:38pm
188 Views
Post# 26188153

RE:News from Alpastox on Montana Mining

RE:News from Alpastox on Montana Mininga very good article...with open eyes we can see that theres a big room for MNY growth. very undervalued with this two acquisition, low market capitalization, low shares outstanding. from a shell to a fully operational mining/milling gold producer.

best time to accumulate folks....

AndyMan2 wrote: Dear Alphastox Subscribers,

With Trump and the U.S. market being as volatile as it is, and given the current situation in the Middle East, North Korea and Russia, any unrest could easily spike a surge in Gold and I want to be properly hedged for such an event.

Even though a conflict would most likely be disastrous for most investors, it would work tremendously well for us as we’ve been heavily invested in companies like Ascot Resources (TSXV:AOT) which have done extremely well over the last couple years. Since we first initiated coverage on Ascot below $1/share, the stock has more than doubled and is currently sitting around the $1.85/share with a 120,000 meter, $13M drill program ready to excite the market.

Over the last little while, I’ve been searching for a new revenue generating/cash flow story on the gold side and came across Montan Mining (TSXV:MNY). Montan has been successfully acquiring production and/or near term production assets; and has a team that I believe could generate substantial value for its shareholders over the next twelve months so I decided to take a position (I bought 1MN shares at $0.055/share in the market) and feature it to our readers.
Here’s a short overview of the story:

Montan Mining Corp. (TSXV: MNY) (FSE: S5GM) is an emerging low-cost precious metals producer focusing on monetizing mining assets in Peru.

The company currently owns or is in the process of acquiring two mineral processing and mining  assets including:

1. Montan is the 100% owner of the operation-ready Cerro Dorado gold processing plant and adjoining Rey Salomon gold mine in the southern Peruvian mining district of Caraveli.

2. Montan is currently in the process of acquiring Kairos SAC and its 125 TPD Mirador plant in Northern Peru where there is almost no competition for mineral processing facilities. This acquisition also comes with six (6) very prospective exploration concessions that may provide the blue sky potential for this undervalued company.

https://www.youtube.com/watch?v=WgGC_8WZ4Bk


https://montanmining.ca/

The Mirador plant is strategically located in Northern Peru and is amongst the lowest-cost processing plants in the country. Mirador’s proven operations & management team will also help to operate Cerro Dorado asset creating a multi-commodity low cost producer with geographic diversification.

There is no other Peru story like this on the TSX right now. A country with 500,000+ artisanal miners needs companies like Montan to process their mineral. While the currently processing industry is focused on the south of Peru, Montan is the first processing company to be both in the north and south.

Better yet, the company recently announced a comprehensive funding package with Cartesian Royalty Holdings out of New York. Cartesian has been the funding partners behind stories such as K92 Mining Inc. (TSXV:KNT) and Para Resources (TSXV:PBR) both of which have significantly outperformed the market after Cartesian funded their projects.



The Kairos SAC/Mirador acquisition and strategic investor has obviously gotten the team very excited and peaked my interest. Here’s MNY’s Chairman Luis Zapata speaking about the deal:

"The acquisition of Kairos SAC and its Mirador plant is a transformative acquisition for Montan Mining. Upon closing of the transaction, Montan will have secured a fully operating asset in the strategic northern part of Peru where there is almost negligible competition and a readily available supply of high-grade mineralized material which is currently being trucked over 1,200 km south for processing in Chala or Nazca. With this acquisition, Montan will become the first Canadian public company with two geographically strategic plant locations, and will also own one fully permitted mine at Rey Salomon and 10 highly prospective and strategically located mineral claims. This integrated precious metals mining and processing model will allow Montan to ensure a secure source of feed for its plants and to deliver cash flow from which to build out future growth," 

In fact, Mr. Zapata is in Peru at the moment overseeing operations and should be sending me a couple videos and pictures from the site so everyone can see it. I’ll make sure to send them out to everyone and post them on our social media pages the moment I receive them.

I’ve attached the revenue model I took from Montan’s corporate presentation which states their expected revenue model from the Mirador plant. Obviously these are just predictions but were taken from current operations. If MNY is able to hit anywhere close to these numbers and get Cerro Dorado going as per their deal with Cartesian, I would expect their market cap to drastically dwarf their current $3.8M value.


As I said before, this is a massive acquisition for Montan and one that could propel them to new heights. The deal isn’t closed yet and we’re still waiting for TSX approval but barring any black swan events and with the financing now in place, I hope to see this thing closed within the next few months.

As far as who heads this team, I’ve included their bio’s below and hope you take the time to have a look through.

Mr. Luis F. Zapata - Executive Chairman
Mr. Zapata was previously Partner and Head of Capital Markets at Seminario SAB, Peru’s largest independent brokerage firm. Prior to that, he was Head of Latin America Institutional Equity Sales at Canaccord Genuity. Mr. Zapata has structured, financed or participated in over $500M of equity raises for natural resources companies with a focus on connecting Latin American assets with Canadian and global public market financing and listing vehicles. Mr. Zapata is a frequent media commentator on the resource sector in Peru and a dual Canadian/Peruvian citizen fluent in English and Spanish.
 
 Mr. Ian Graham, B.Sc. (Hons), Geology - CEO and Director
Mr. Graham is an accomplished mining professional with over 20 years of experience in the development and exploration of mineral deposits, mostly gained with the major mining companies Rio Tinto and Anglo American. Formerly Chief Geologist with the Project Generation Group at Rio Tinto located in Vancouver, Mr. Graham has been involved with evaluation and pre-development work on several projects in Canada and abroad including the Diavik Diamond Mine (Northwest Territories, Canada), Resolution Copper (Arizona, USA), Eagle Nickel (Michigan, USA), Lakeview Nickel (Minnesota, USA) and Bunder Diamonds (India). Prior to his work with Rio Tinto, Ian held exploration geologist roles with Anglo American. Ian graduated from the University of Natal (now Kwa-Zulu Natal) in Durban, South Africa with a B.Sc. in Geology and Applied Geology (1984) and B.Sc. (Hons) in Geology (1985).

Greg Hall - Director
Mr. Hall is an independent business advisor to the mining industry. For over 30 years, Mr. Hall has focused on significant international exploration, development, and mining ventures, and all aspects of their structuring and finance. He is currently President of Water Street Assets Inc. and Director of Prophecy Development Corp. Mr. Hall was previously a director of Silvercorp Metals Inc., China’s largest primary silver producer and one of the lowest cost silver producer among its industry peers. Other former appointments include: Director at Haywood Securities; Vice-President, Canaccord Genuity; and Senior Vice-President of Leede Jones Gable. Mr. Hall is a graduate of the Rotman School of Management, University of Toronto, SME Enterprise Board Program, and a Member of the Institute of Corporate Directors.

Link to corporate presentation here: https://montanmining.ca/pdf/MNY%20Corporate%20Presentation%20-%20Q1%202017%20vWEBSITE.pdf

As always, if you have any questions, please don’t hesitate to get in touch with me anytime. I look forward to hearing from you. I will be covering this story for a little while now and will provide updates as soon as I’m aware.

Best,
Etienne


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