Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Sirios Resources Inc V.SOI

Alternate Symbol(s):  SIREF

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).


TSXV:SOI - Post by User

Bullboard Posts
Post by Goldendreamon Jun 19, 2020 12:02pm
187 Views
Post# 31169723

Multiple Players = Multiple Complexity in Consolidation!

Multiple Players = Multiple Complexity in Consolidation!                        My opinion as I stated in the past is that " Newmont " would like to bring the " RESOURCE " in it's entiretiy under its ownership. However,  the complexity of having to deal with 3 seperate main companies ER, AZM and SOI is only the begining there are a number of JV involved here as well with some small mining companies.  I tend to think the negotiations  Newmont must be facing with so many players having some form of legal control over portions of the Resource has to be a Very Big  Challenge. This situation is what  likely is delaying a buy out at this time.  Patience, will be definitetly needed to resolve all issues, but resolved they will be. I believe the " Consolidation " of the Resource is seen as a Priority to Newmont at this time. GLTA!
Bullboard Posts