The Kingdom | ABITIBI ROYALTIES | ANGKOR GOLD |
?May 21, 2015?
SAN FRANCISCO -- Back to the
Near East -- the kingdom. Our kingdom of Cambodia.?
-- Mike Weeks of Angkor Gold put out a shareholder letter just a bit ago. I'll be in Banlung and in the capital, Phnom Penh, with
Angkor Gold until June 3 or so.
?Here is an an excerpt of our TCR Blips on that?. It's actionable.?
I'll be in the field with chief geologist, self-described senior-citizen white Rhodesian Dr.
Adrian Mann and his team. On the to-do list: ministry updates and presentations from Angkor Gold partner?
Mesco Gold of India -- in Phnom Penh.
A?NK shares thus far this week have reached and closed at an all-time high of 63 cents CAD. Assay results from this entirely neglected part of the minerals landscape will send the shares to $1 CAD shortly. That is,
any published assay results that even show
half the grades and seeming continuity of results from a first target in the new exploration program -- results that were released three weeks ago.
TCR takeaway: I expect REGIONAL and perhaps even INTERNATIONAL HEADLINES (really) in the way of minerals discovery from
Angkor Gold this month and next. Those who relish the prospect of world-class discoveries will be awaiting the company's drill assays from separate projects in Angkor Gold's portfolio of Cambodia licensed concessions.
I also will be visiting in early June ?with
XP Ministries. It's active in protecting and educating children and women across Cambodia. The non-profit's latest:
Operation Justice. You have to
meet these folks to believe what they are doing -- Angkor Gold's arms-length non profit
Advance & Nurture Khmer?; and Patricia King's XP Ministries and Cambodia team leader
Andrea Aasen in Phnom Penh?.)
?Goofing off in Phnom Penh; author in red?
-- This swifty just out from Quebec's newest royalty finder?. Two things of note: ?1. The
definitions section for gold reserves and resources is superb. ?Now we know that
Abitibi Royalties is earnest in its desire to educate and enrich investors; ?2. The names of these zones at
Canadian Malartic, Canada's largest gold mine and plant, could be those of a leading hockey team up that way: Gouldie, Barnat, Jeffrey.
The? 53 percent owner of Abitibi Royalties (RZZ in Canada) is
Golden Valley Mines(GZZ). GZZ sports a
$15 million CAD market worth; RZZ is more like $40 million.
Glenn Mullan, a part-owner of a Quebec hockey team, is founder of both. He lives in Val d'Or (Canada).
?
Mr. Mullan's tender and enterprising Abitibi Royalties goal-maker is
Ian Ball, who lives in Toronto and serves as president of RZZ. Mr. Ball is an acolyte, and former employee, of Canada's
Rob McEwen, a gold miner who owns a thick slice of RZZ.
-- Then there is
Colt Resources. GTP shares (Canada ticker) ?continue to throb in heavy trade. In case you did not see the Colt note about its 15 percent stake in
Colt Middle East, here is the link:
https://stockhouse.com/news/press-releases/2015/05/14/colt-resources-provides-a-corporate-update-on-its-associate-colt-resources
?Please say, as soon as Friday, or next Friday, that I told you so. It's Colt: gold in Portugal, tungsten in Portugal, winery and vinewyard and convents in Portugal; possibly a stake as part-owner and operator of gold and copper assets in
Pakistan.? They used to say the GTP stood for Gold, Tungsten and Portugal. Ad-in Pakistan?
?-- WEST KIRKLAND MINING: I believe the shares will be rising smartly off of depressed levels later this week and into next, when stakeholders expect engineering updates and a report on WKM's two properties in Nevada: Hasbrouck? and 3 Hills -- shallow oxidized gold near the town of Tonopah in central Nevada.
I have been purchasing WKM (Canada ticker) shares (also WKLDF in USA).
?
-- Thom Calandraheading out ?
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Thom Calandra & TCR are researchers and investors. They are not registered investment advisers. The research and material they offer to subscribers are meant as editorial opinion.