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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
Comment by Dontshortcxron Jun 28, 2020 10:28pm
129 Views
Post# 31201482

RE:No Rush

RE:No Rush RBC has gold pegged at over 2000 $ a OZ. in 2021. Some pundents are saying 5000$ OZ The way countries are spending money, debt will continue to climb. Gold will become king again. Newmont shares are  exspected to climb back to the 90 $ range. Newmont has freed up capital. to take advantage of the high gold prices and the size of Eloenore South and Cheechoo they need to combine the two to make a 7 million oz plus open pit mine . They need to move fast in order to maximize their position. you may have two or three years of high gold prizes. Buy out of ER and AZM and SOI is coming Newmont has freed up capital as well can move shares to make the purchase. The stock price has doubled since the last Dec. The cost of open pit mining is around $700 to $800 an oz. at 2000$ oz gold that is alot of profit. Time to get agressive . The cost to Newmont to get this done is around 400 million US or 5 million shares. To get the three deals done. SOI would get at least 300 Million for Cheechoo. Spin it out. Let Newmont know that its time.
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