For those shareholders of Altius....
sleep tight....you own Candian resources in New Foundland and Labrador. Where the government is friendly and your CEO and resident entrepreneur is from there...
They are the largest holder of mining permits in the province and work closely with the government. We have not gotten any respect from the market for our political safety and "Canadian assets and cash equivalents" but we will.
www.nr.gov.nl.ca/nr/mineralstrategy/submissions/Altius.pdfWe made money a small amount of money on TRE on their $11 equity raise...but passed on all the high flyers with respect to China. We hope there is no fraud there of course for all involved.
But we chose the slow turtle like road of Altius. With an embedded margin of safety. We sleep well with our cash hoard and we expect a "Canadian premium" at some point in the future.
Dazel.