Bob Moriarty's take on this best copper storyI did come across a company literally last week it started trading again that it’s the best copper story that I’ve ever heard. Here’s a short synopsis. The company is called Gladiator Metals (TSX-V:GLAD).
Many years ago, the president of this company met the head of a drilling company, who’s runs a First Nations drilling company based in the Yukon, and they own a bunch of land right next to Whitehorse and they’ve got extraordinary grade, like 1.5% to 2% copper. They’ve got somewhere between 10 and 20 million tonness already outlined.
They had five and a half billion dollars worth of copper. Not in a 43-101, but historic resources and solid information. But the beauty is one, the vendor of the land is First Nations. They are very important people in the Yukon, period. These are the best guys in the Yukon and they’re actually funding most of the drilling that these guys are going to do. They’re going to take a big part of the upcoming placement. And they have been using this ground for training for 20 years. So they know exactly what’s on it. So they’re going to be doing the drilling. They’re vending the project in, and the beauty is they’re vending the project to Gladiator for 15 million shares.
They’re saying, “We want a big piece of this, and we’re experts at drilling it. We don’t want to be experts at exploration.”
See the whole story at the following link:
https://energyandgold.com/2023/02/21/bob-moriarty-we-need-a-new-financial-system-based-upon-natural-resources/