Just another scum bag insider trading

Ebolan,
You crack me up sometimes…
Hope all’s well.
Best to you,
LPG

Speaking of Chu on….. and chew on…..Here is something to Cheechoo on….

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As you may know Siros Resources (SOI.V)) (SIREF) recently released this:

SIRIOS Confirms Its 100% Interest in the Cheechoo Property

MONTRÉAL, QUÉBEC–(Marketwired – July 27, 2016) – “Management of SIRIOS is pleased to announce the receipt of official documents confirming the transfer to Sirios of the 55% interest owned previously by its partner of the Cheechoo gold property. Sirios now owns 100% officially this property located in Eeyou Istchee James Bay, Quebec at 800 km north of Montreal and at less than 10 km from the Éléonore gold mine of Goldcorp….”

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There is some genuine curiosity from the mining community about this exploration play, and I believe John Kaiser has even mentioned Sirios on the KER in past audio interviews…..

There is a prospect generator company, Golden Valley Mines (GZZ.V) (GLVMF) that actually owns(4.1%) – 4,148,374 shares of Sirios Resources Inc. (TSXV:SOI)
(+) In addition, Golden Vally Mines has a 2.5–4% NSR on the Cheechoo Prospect

So that really caught my interest when someone else pointed that out to me. However, what they shared with me next about Golden Valley Mines seems like a weird over-looked opportunity…. or it is very possible that I just don’t understand this valuation correctly. I’d appreciate any feed back on this next part from anyone on how to value the 49% ownership of Abitibi Royalties (RZZ.V) (ATBYF) ???

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Abitibi Royalties is also a prospect generator, that Rob McEwen has a large interest in (he owns 12%), and his protege Ian Ball is at the helm.

— >>> IAN BALL, Director as well as the CEO & PRESIDENT

Mr. Ball was formerly the President and was previously Vice President (Mexico)/Senior Vice President of McEwen Mining. He is credited with leading the McEwen Mining team that built the El Gallo 1 mine on time and budget, in addition to making the El Gallo 2 discovery in Mexico. Previously, Mr. Ball worked for McEwen Capital, where he was responsible for raising capital, structuring transactions and managing exploration programs throughout North America. Mr. Ball has played a role in various mergers and acquisitions throughout the natural resource sector, which have a combined market value of $11 billion. He originally began his career with Goldcorp in 2004.

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Here are some stats on Abitibi Royalties (RZZ.V):

– 13 Royalties
– 3% NSR Odyssey North (CDN Malartic)
– $57.8 MM Securities/Cash
– NO DEBT
– Generating Cash Flow
– Small Share Count: 11,336,243
– Authorized Buyback: 546,300 shares
– They have Repurchased: 77,600 shares since Oct 6, 2015 to present at an Avg. Cost $3.19 (Their share price in RZZ closed at $7.72 this afternoon). They have the option to buy back more shares through Oct 5th of this year.)
– $25.7 Million Yamana Shares + $29.2 Million Agnico Eagle Shares (as of June 2, 2016)

*** Check out page 30 for a listing of all Abitibi Royalties Net Smelter Royalties:

http://www.abitibiroyalties.com/investors/presentations/July-2016_final.pdf

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So back to Golden Valley Mines…….. (GZZ.V)

Besides their 4% interest in Sirios (100% interest achieved in their Cheechoo project) and Golden Valley will have a 2.5-4% NSR………..

(GZZ.V) owns 5,605,246 shares of Abitibi Royalties $RZZ This flagship asset of 49.4% ownership of Abitibi Royalties Inc. gives them half the exposure to Canadian Malartic & Abitibi’s other multiple Royalty streams !! (Why don’t more people talk about that?) Why is Golden Valley so cheap? Am I missing something here?

If anyone has any thoughts on this, please post something under this as I’m trying to wrap my head around that.

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In addition to that, Golden Valley has a 60% ownership of Nunavik Nickel Mines Ltd. $KZZ

In addition to that Golden Valley has a 37% ownership of Uranium Valley Mines Ltd. $VZZ-H (Rob McEwen from $MUX also holds 36% of this company) (Wowzers!!)

*GZZ currently owns 100% of Lac Barry Prospect
-GZZ granted an option to BonTerraResources Inc. (TSXV:BTR) to acquire an 85% interest in the Lac Berry Prospect and a 3% NSR

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Anyway, I don’t know quite how to value all that, but if anyone has any thoughts they would be appreciated.

It makes no sense why anyone would purchase Abitibi Royalties for a 51% interest in their company, when they could get 49% of Abitibi by way of Golden Valley, and then also get access to 4% of Sirios, 60% of Nunavik Nickel Mines, 37% ownership of Uranium Valley Mines, and 15% of the BonTerraResources Inc. JV project after they do their earn in work + the 3% NSR. Right??

Ex, speaking of Great Attitudes this morning, I had my 1st 40 BAGGER since Western Silver, I think in 2007; SilverCrest Metals, from .114 to 2.28! Or in other words $757 to $30,000+ in less than 10 months, Hallelujah & Amen!
As Bill Murphy says it, You GATA be in it to WIN IT!

Ex, speaking of Great Attitudes this morning, I had my 1st 20 BAGGER since Western Silver, I think in 2007; SilverCrest Metals, from .114 to 2.28! Or in other words $757 to $15000+ in less than 10 months, Hallelujah & Amen!
As Bill Murphy says it, You GATA be in it to WIN IT!