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Bullboard - Stock Discussion Forum 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... see more

TSXV:SOI - Post Discussion

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Comment by Vikingstock on Nov 26, 2020 10:46am

RE:Financing

So now that we know the answer, 15 cents for a share and half warrant, at least DD raising the kind of dollars which should get to the PEA and do other drilling on other propertires. This dilution is probably a necessary evil, New Mount won't pay for development. After this, the SOI options should become very evident.
Comment by william_ on Nov 26, 2020 11:23am
Good point.  Between the line, Newmont do not care anymore about Sirios.  If they were interested they will do a business scheme to pay 100% the drilling program and it is not the case.  DD needs to find partner or potential buyer.
Comment by dandu1924 on Nov 26, 2020 1:13pm
After so many years  DD found only Goldcorp-Newmont to make some business, so good luck to find somebody else with the agreement SOI did with Newmont, now this is pretty clear , nobody will be interested to put some money in theirs projects  and Newmont will look the little fish drying under the sun and get the little fish for nothing probably from the trustee. Now we can understand why ...more  
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