Author Topic: ALS.TO - Altius Minerals  (Read 2069694 times)

Dazel

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Re: ALS.TO - Altius Minerals
« Reply #920 on: November 28, 2012, 06:02:11 PM »

http://www.mining.com/wuhan-iron-and-steel-to-raise-usd2-4-billion-for-purchase-of-iron-ore-assets-78569/

Interesting...Wisco is all over the Labrador trough and owns 25% of bloom lake.

Dazel.



Green King

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Re: ALS.TO - Altius Minerals
« Reply #922 on: November 30, 2012, 11:35:30 AM »
GK

Dazel

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Re: ALS.TO - Altius Minerals
« Reply #923 on: December 03, 2012, 06:12:02 AM »
Muskrat Falls

This is a big deal for all power needs in eastern Canada...Altius was involved as many as 7 years ago in putting proposals forward for financing the project. The government loan does not cover the total cost of building the project.

Dazel.

Dazel

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Re: ALS.TO - Altius Minerals
« Reply #924 on: December 04, 2012, 04:51:16 AM »
http://canadianinsider.com/node/7?ticker=ALS


You have to love buying back shares at these prices...

Dazel.

hohi

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Re: ALS.TO - Altius Minerals
« Reply #925 on: December 04, 2012, 07:35:11 AM »
You have to love buying back shares at these prices...

Just imagine they could deploy $100+ Million in these buybacks. We would be all rich men once they dividend out the Kami royalty to us. I am still hoping we can buy back until we got 20M shares outstanding. But thats probably just my wishful thinking ;).

cheers,
hohi.
Cheers,
hohi.

current resource positions: ALS.TO  //  NILSY  //  IVN.TO   //   DPM.TO   //   GAZ

Dazel

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Re: ALS.TO - Altius Minerals
« Reply #926 on: December 04, 2012, 07:44:49 AM »


Yes wishful thinking...but the share count will drop daily...until we are fairly valued.

We like the buy backs but our wish path is more at  one or two more dirt cheap royalties streams...
Something unique would be nice...there are a lot of companies starving for capital...

Dazel.

hohi

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Re: ALS.TO - Altius Minerals
« Reply #927 on: December 04, 2012, 08:37:41 AM »
Yeah, some near term cash flowing royalty would probably be even better. But the competition for long-life near-term royalties is also growing. Even BlackRock is buying IronOre royalties these days. More and more people figure out the deadly effects of cost-push inflation... But maybe we get lucky - although some cheap aquisition will in my opionion more likely be a few years away from production.

cheers,
hohi.
Cheers,
hohi.

current resource positions: ALS.TO  //  NILSY  //  IVN.TO   //   DPM.TO   //   GAZ

Dazel

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Re: ALS.TO - Altius Minerals
« Reply #928 on: December 04, 2012, 04:57:06 PM »
http://www.metalbulletin.com/Article/3126579/Iron-ore-and-coking-coal/Posco-seeks-15-stake-in-ArcelorMittal-Mines-Canada.html

Yes there is demand....and deep pockets out there...Buffett owns or owned Posco.


Dazel.