Post by
Skater on Jan 06, 2023 11:28am
Fund ownership
just a mention...
https://altiusminerals.com/storage/press-releases/2023-01-05-project-generation-update--final-1673012845.pdf
Comment by
micromike on Jan 06, 2023 6:15pm
Osisko Gold Royalties was the only company that I saw investing in MARI in 2022. I can't find any news releases related to Altius in 2022. Did I miss something?
Comment by
Hiezenberg on Jan 09, 2023 8:45am
Same here.. was not aware of that investment either. Any one know how many shares were acquired by Altius?
Comment by
micromike on Jan 09, 2023 11:11am
There's no way they could buy a large amount of shares on the open market. Next to nothing for volume. Today we hit 5K which is not normal for the stock. I checked Altius web site and I don't see Mari as a holding for them. I don't get it.
Comment by
Skater on Jan 09, 2023 12:31pm
Copper is up today over $4. LME inventories are very low. Speculation is that the copper shortage forecast for 2025 could come sooner, perhaps even 2023. Regardless, Mari should be in a good position to realize on their asset in the next 1-3 years.
Comment by
CG2021 on Jan 10, 2023 3:52pm
What I don’t understand is projects like $MARI the market valuation is so low … the project has only gained 21% in value since the initial discovery in 2016. Value of the project has quadrupled since then and copper was at 2.20$!!! Technically this should be at 25$ to 30$ now…