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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 pogsonon Jul 22, 2020 6:13am
151 Views
Post# 31300343

RE:DD comparaison Sirios and Victoria Gold.

RE:DD comparaison Sirios and Victoria Gold.
Sylvain123 wrote, "With this kind of comparison, Sirios is currently worth between 1$ and 2$."

That's an apples to oranges analysis. Consider that SOI has survived for many years. That means low risk of bankruptcy. SOI is very careful/conservative. Further, Cheechoo is just the tip of the iceberg with SOI. Aquilon is potentially even larger. SOI is potentially worth much more than the huge discount for gold in Sylvain's analysis.

I would not discount the gold in Cheechoo. $800/ounce X 1.6million ounces / 173million shares comes to $7.40 USD or $10 CDN. I don't see the price of gold dropping for the next five years or so. I see it rising as the world convulses with the virus and the damage Trump has done. I would speculate that SOI will be worth twice as much in the next few years, $20 CDN per share. I bought shares starting at 14¢ CDN. I'm laughing, although it would be more fun to chalk up a higher price sooner. It's just a matter of time, not if SOI will be in the money.
Bullboard Posts