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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

Comment by givemeabreak1on Mar 31, 2024 12:50am
133 Views
Post# 35961475

RE:@Pierre

RE:@PierreThere are so many possibilities out there!  So it really depends what kind of return you want Mr B.  Are you talking majors,  mid size or still early stage with a resource like Sirios?

Early stage lots of companies under-value or no value from years of financings at low share prices so you really have to pay more attention to their market cap!

If you do not mind country risk!  Loncor 3.5 million ounces open pit well over 2 gpt.  They have 12 million in cash and just began drilling under the pit which may very well contain 1 to 1.5 million more ounces.  Largest gold mine in Africa owned by Barrick about 100-150 miles away so likely a target for takeover should there drilling be successful.  Lot's of upside NPV over 1 billion with like a 50 million market cap.

Another good one Thesis about 5 million ounces gold equiv and growning.  Again high grade pit and underground expansion drilling.
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