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Abitibi Royalties Inc ATBYF

Abitibi Royalties Inc is engaged in the business of acquiring, exploring, evaluating, and promoting its mineral properties and other projects. The company aims to build a royalty company with a focus on the Canadian Malartic mine.


OTCQX:ATBYF - Post by User

Post by arh0070on Feb 14, 2020 10:07am
453 Views
Post# 30690960

Malartic royalties

Malartic royalties Saw a brief note in the Yamana report released yesterday .There was considerable discussion about the new reserves discovered at Malartic in the eastern areas where they have been doing a lot of drilling and adding to reserves for underground mining in a few years .It is not clear if these reserves are inside or outside RZZ royalty area .The snippet referred to talks /negotiations with the Royalty holders (no names mentioned)in an effort to lower the royalties to make production more profitable and viable .anyone can go to the long Yamana report released on Kitco for precise details such as they are .No mention in the Agnico release which was on the same day .No kind of reaction in RZZ/GZZ  stock price today yet .
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