Author Topic: ALS.TO - Altius Minerals  (Read 1251266 times)

bizaro86

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Re: ALS.TO - Altius Minerals
« Reply #5720 on: April 16, 2018, 10:07:33 AM »
https://angrygeologist.blogspot.com/2018/04/evrim-cuale-quick-comment.html?m=1

Angry Geologist describes the trenching results at Evrim as very good/great, but not spectacular because of the grade smearing issue. 83% of the gold is in just 5.4% of the trench.

The bonanza intercepts do provide a good target for drilling high grade structures.

Interesting. I think 1g/t is still enough gold to justify an open pit mine, and if there are super high grade targets there as well, there is potential to improve the NPV by having huge production right at the start of the mine.


linealdin

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Re: ALS.TO - Altius Minerals
« Reply #5721 on: April 17, 2018, 07:14:47 AM »
https://www.google.com/amp/s/www.cbc.ca/amp/1.4622471

Voting day for IOC labor deal. I hope only a simple majority is required to ratify. These workers seem pretty cranky and entitled. They may reject the deal.

linealdin

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Re: ALS.TO - Altius Minerals
« Reply #5722 on: April 17, 2018, 08:03:34 AM »
http://www.alderonironore.com/index.php/news/2018/466-alderon-concludes-successful-trip-to-china

Tayfun Eldem went to China along with the Newfoundland minister of natural resources to meet with HBIS, Chinese banking institutions, engineering firms and equipment suppliers. "Alderon focused on increasing the Chinese content for the Kami project."

I do like the picture with the Canadian ambassador to China, the Newfoundland minister and HBIS vice-president Liu Jian. The Chinese like the stamp of government approval of their foreign business projects.

linealdin

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Re: ALS.TO - Altius Minerals
« Reply #5723 on: April 17, 2018, 01:38:59 PM »
http://www.aethonminerals.com/storage/news/watusi-files-filing-statement-1523997198.pdf

Aethon Minerals receives conditional approval from TSX-V and files 43-101 report on Arcas, its qualifying transaction, on SEDAR. It should start trading on April 26th.

Arcas project was originally acquired by Altius from Teck, who drilled 1500 meters on the property.

Davies and his execs are making Too Much in annual salary and bonuses. About $338K for Davies. This is a microcap junior that’s done nothing yet. What a racket!
« Last Edit: April 17, 2018, 01:45:15 PM by linealdin »

linealdin

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Re: ALS.TO - Altius Minerals
« Reply #5724 on: April 17, 2018, 05:39:28 PM »
IOC union voted 76.5% to reject tentative labor deal. This could go on for a while.

mugwump

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Re: ALS.TO - Altius Minerals
« Reply #5725 on: April 18, 2018, 04:11:39 AM »

mugwump

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linealdin

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Re: ALS.TO - Altius Minerals
« Reply #5727 on: April 18, 2018, 07:35:55 AM »
Notes on the preliminary Q1 numbers (final numbers always end up higher):

1) One of the best quarters for electrical coal revenue since Altius bought the royalty package. The political shenanigans in Alberta have shut down some of the weaker/older coal plants in Alberta (Battle River #3, H.R. Milner, Sundance #1, #2, #3) but that in turn forces the Genesee and Sheerness complexes to run at max capacity. Alberta still needs coal power to keep the lights on. Ends up being more money in Altius’s pocket.

2) Potash is really rolling. C$2.228 million in quarterly revenue is nearly C$9 million on an annualized basis. That doesn’t include the Liberty potash purchase. I think we will see C$16 million annually from the whole potash package.

3) Cheviot is back on track for the quarter. But the latest Teck investor day presentation indicates “Cardinal River production slowing to 2020 closure. 1.4 Mt in 2018; 1.8 Mt capacity.”

Cheviot/Cardinal River is now classified, like the long-closed Quintette coal mine, as a “potential growth opportunity.” Don’t hold your breath waiting for the Redcap deposit at Cardinal River to be developed.

See slide 100: https://www.teck.com/investors/presentations-webcasts/teck-s-investor-and-analyst-day---
« Last Edit: April 18, 2018, 07:38:48 AM by linealdin »

linealdin

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Re: ALS.TO - Altius Minerals
« Reply #5728 on: April 18, 2018, 08:29:29 AM »
https://www.bhp.com/media-and-insights/prospects/2017/07/feeding-the-world-the-case-for-potash

BHP’s two-part case for why current low potash prices are unsustainable. If they are correct we will see C$30 million to C$40 million in Altius annual potash revenue during this cycle. The trends are longterm and inexorable:

Arable cultivated land is limited, but population is rising, and food demand is rising at an even faster rate than population (eating more meat). How to get that limited amount of arable land to feed the world’s hunger? Application of fertilizers like potash.

linealdin

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Re: ALS.TO - Altius Minerals
« Reply #5729 on: April 18, 2018, 10:08:01 AM »
update on canstar/adventus/altius deal
https://ceo.ca/@nasdaq/canstar-resources-adventus-zinc-and-altius-minerals

Canstar raises C$1.5 million, double the C$750K raise required. Good market interest in this consolidated vehicle.

Buchans will have 3000 meters drilled as soon as the deal closes. Altius runs the drill program and holds a 2% royalty on the property.