In this weeks episode of the Comanus Rising Podcast we take a look back at the week in gold and gold stocks, we talk about the Great Gold Rush of 2016 that no one is talking about that will be THE STORY of 2017 and we highlight those juniors who have staked strategic land along trend to a recent discovery and then finally we highlight press releases from the following companies: West Red Lake Gold RLG, Altius Minerals ALS, Northwest Arm Capital NWA, Sokoman Iron Corp SIC, Metals Creek Resources MEK, Benton Resources BEX, Teuton Resources TUO, Uravan Minerals UVN, Alexandria Minerals AZX, Aton Resources AAN, Fission Uranium FCU, Nighthawk Gold NHK, Osisko Mining OSK, Independence Gold IGO, Gold Standard Ventures GSV, ALX Uranium AL, Aureus Mining AUE, Canadian Spirit Resources SPI, Timberline Resources TBR, Almadex Minerals AMZ, Kootenay Silver KTN, Goldstar Minerals GDM, RT Minerals RTM, Maraiana Resources MRA, West Melville Metals WMM, Alset Energy ION. We talk gold, silver, lead, zinc, copper, uranium, coal, natural gas, oil, aluminum.
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Hi Comanus,
What’s bothersome about the discovery is that if it is big, why would Altius vend
this property for a puny 4.5 million shares of a 30 cent junior instead of keeping it and
building it up to sell at a much higher price.
Hi Andrew,
They are a royalty company.
Also, Altius keeps a 2% NSR.
Hi Vince,
I guess altius doesn’t want to spend money even though they are doing the work for the Junior. With regards to the staking rush, one of your old 4 horsemen of the Newfoundland shale play ( Vulcan Resources VUL.V ) picked up land east the new discovery in July. It has nothing to do with the discovery but it looks like the staking got
a bit close to their property so in the last few weeks they panic staked over 250 claims to
quadruple their stake.
I spoke with Timothy Froude tonight with SIC. Very genuine. Had a great conversation.
Hi Dave,
I haven’t spoke with open but have exchanged several emails. I agree – seems very genuine.
Hi Andrew,
It will be great once there is a consolidated map of the entire area like there was in the Yukon staking rush.