Sirios Resources Inc V.SOI

Alternate Symbol(s): SIREF

Metals & Mining Gold

Sirios Resources Inc. is a Canada-based mineral exploration company. The Company is focused on developing its portfolio of high-potential gold properties in Eeyou Istchee James Bay, Canada. Its projects include Cheechoo, Aquilon, Maskwa, Li-52, Niska and Tilly 2. The Cheechoo gold project is located in the Eeyou Istchee James Bay region of Quebec, less than 15 kilometers (km) from Newmont’s Eleonore gold mine. The property consists of a main block of 121 claims, as well as a secondary block of 35 claims located about 20 km to the west. The Aquilon project covers 68 km2 of the Aquilon greenstone belt, in the La Grande subprovince of Quebec. The Maskwa gold project is located approximately 100 km southwest of Radisson and approximately 120 km east of Wemindji in Eeyou Istchee Baie-James, Quebec. The Li-52 property, located in Eeyou Istchee Baie-James, is made up of 550 claims covering an area of more than 286 square kilometers (km2).

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Sirios Resources Inc

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Comment by Dontshortcxron Oct 26, 2019 11:05am

206 Views

Post# 30272671

RE:RE:RE:Kaiser

Splittin this up that makes sense. NGT would pay out shares acording to amount of gold each player has a percentage of estimate of 15 mil OZ
AZM has 26 % of 7mil OZ = 1.8 mil OZ , ER has 36.7% of 7mil = 2.56 mil oz
SOI has 81% of 8mil oz = 6.480 mil oz
Lets use 60$ in ground as the price Newmont pays
SOI gets $60 x6,480,000oz =$388,800,000/ SOI shares = around $ 2.3 a share give or take
It would cost Newmont about 12 milliom shares Total .
This is just speculation but 60$ in ground should be a bottom price.

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