ALS.TO - Altius Minerals

[Guest Dazel]

 

JAllen,

 

Our sole interest is Long the stock...as it always has been.

 

Dazel.

[turar]

Thanks JAllen

[Guest Dazel]

 

 

http://www.metalbulletin.com/Article/3224144/Iron-ore-and-coking-coal/Spot-635-Fe-iron-ore-prices-up-2-per-tonne.html

 

 

Iron ore prices are 6% U.S 8% in Canada over the last two weeks of the government imposed credit crunch...they are below what Chinese iron ore producers can produce at.

[Blue Macaw]

As long as the cost of production is higher in china than in other countries they will find it elsewhere. The Chinese know this and they are hungry for commodities. Accoring to many books,articles etc China lacks commodities and they are on the rise so they will find what they need. All of these Wuhan, Minmetals, Hebei etc are state owned or at least partly state owned. Do we see that in other countries, that state own enterprises just go after these resources and function more or less like private owned companies? The reason China exports steel is because they have the production there. I work in the construction business and we always look for the lowest price and on steel and other products china produces it to the lowest cost. Only because of cheap labor cost.

 

Resources of iron ore in china are roughly 23 billion tons. (from some sources). Of course they will find more but to what cost can they extract that? If they can buy themself into Canadian mines, African, get control over them (which they basically already have even without owning all the shares since we have off take agreement and that everyone expects them to fund the mines) they will be better off as a country and society since their total cost and the cost of the people will go down. (in comparions with extracting it to a higher cost in China).

 

Prices will fluctuate of course. The lower the price the better for the chinese people (and all the rest as well). They have then more money to spend on other things. All the new mines that come into production might lower the price some in the short to medium term. During this time the Chinese will secure more and more assets. I do think they will take bigger stakes in the mines quite soon or as soon as cash dries up for juniors. I also believe they will do it the friendly way (but business way) and not try to take over companies through hostile takeovers. That will only hurt their name and countries and people will then turn against them. That is why Hebei is not buying all of Alderon just out of no where. That would be a hostile takeover wouldn´t it? I foresee that they instead will negotiate into buying (with some premium) a bigger stake maybe from Altius who knows? Altius then will get the cash and does not need to pump in money to build the mines.

 

Just some thoughts.

 

What is the cash cost of Carol lake? Anybody?

[finetrader]

Me too think that those china government owned companies invest for the long term.

Hebei has invested 182.2M$ in kami project and Alderon so far, they will just abondoned this money? I don't think so

[finetrader]

To put Hebei's investment in Kami in context, Hebei's market cap is about 4B$ and book value is 8B$ and they invested 182M$.

[zippy1]

To put Hebei's investment in Kami in context, Hebei's market cap is about 4B$ and book value is 8B$ and they invested 182M$.

 

Great! Thank you. 

[Guest Dazel]

http://www.mining.com/iron-ore-price-resumes-march-on-120-63914/

 

 

[Guest Dazel]

http://canadianinsider.com/node/7?ticker=ALS

 

 

 

 

[Blue Macaw]

Report is out...nothing new

[Phaceliacapital]

Press Release - July 9, 2013

Altius Announces Second Strategic Exploration Alliance with Virginia Mines

St. John’s - Altius Minerals Corporation (“Altius”) is pleased to announce the signing of a strategic exploration alliance agreement with Virginia Mines (“Virginia”) (TSX:VGQ) whereby Altius and Virginia will cooperate to explore geological settings favourable for various types of mineral deposits in the western Labrador and northeastern Quebec.

 

This strategic alliance merges two project generation teams that have exhibited excellent track records of exploration success as well as attracting strong joint venture partners to their respective jurisdictions of focus in eastern Canada. Virginia and Altius will share their collective experience and databases, co-fund exploration programs, and jointly seek partners for any new projects that are created in the Labrador Trough. A total budget of approximately $600,000 will be allocated to the 2013 campaign.

 

This is the second strategic alliance between Virginia and Altius, the first being announced in 2012 to explore in the North Shore area of Quebec and in southern Labrador. Field programs for both alliances are set to commence shortly.

 

About Altius Altius is focused on the mining and resources sector through prospect generation and the creation and acquisition of royalties and investments. Altius has a strong financial position with total assets of approximately $257 million, including $145 million in cash and marketable securities. It has also built a portfolio of directly and indirectly held junior resource investments, including 32.9 million shares of Alderon Iron Ore Corp. (ADV:TSX). Altius owns a 3% gross sales royalty on the Kami iron ore project of Alderon, an effective 0.3% net smelter return royalty on the producing Voisey’s Bay nickel-copper-cobalt mine, a 2% gross sales royalty on uranium in the Central Mineral Belt project of Paladin Energy Limited, and several earlier stage resource project royalties. Its growing project generation pipeline consists of a diversified portfolio of exploration projects, many of which have attracted joint venture funding partners. Altius is a member of the S&P/TSX Global Mining Index and currently has 27,833,404 shares outstanding.

 

For further information please contact Chad Wells at 1.877.576.2209.

 

[ASTA]

http://www.gurufocus.com/news/223582/valuexvail-2013--dan-ferris-presentation--altius-minerals-pay-1-for-1-liquid-nav-plus-upside

 

For any one interested just found this yesterday

[Phaceliacapital]

Nothing new but good for exposure :)

[Guest Dazel]

http://finance.yahoo.com/news/alderon-confirms-multi-user-dock-100000435.html

 

http://www.metalbulletin.com/Article/3231030/Iron-ore-and-coking-coal/Spot-635-Fe-iron-ore-prices-breach-130-per-tonne-mark.html

 

 

[Phaceliacapital]

Indeed, the dock is very good news, little bit of a surprise that everything is on budget :D

[Blue Macaw]

Some info from Paladin and Aurora, latest report

 

AURORA – MICHELIN URANIUM PROJECT, Canada (100%)

Work is now substantially complete on an updated mineral resource estimate for the Michelin deposit. Final

Quality Analysis/Quality Control and peer review of the mineral resource is now underway and

announcement of the results is expected in the next quarter.

Preparation for the upcoming summer exploration programme is ongoing.

 

Would we see production from this within 5 years?

 

Hopefully a Chinese investor steping in to push production forward

[Liberty]

Another interview with Mark Morabito:

 

http://gallery.mailchimp.com/b1d65fcee4f081aa63c849aa5/files/ADV_Grandich_July_18_2013.pdf

[Phaceliacapital]

Thanks

 

 

Our partnership with China’s largest steel producer, Hebei Iron and Steel, who have agreed to purchase 60% of our annual production, is a huge milestone for the company and the biggest de-risking event that we have achieved so far. Not only does the company now have the initial capital necessary to begin mine construction but it also strengthens our ability to finance the remainder of the capital through global financial markets, including Chinese banks.

I would also like to mention a second strategic partnership with Liberty Metals and Mining. To date Liberty has invested $49 million into the project making them a 14.5% shareholder. Combined with Hebei’s investment of approximately $182 million, as well as the financial security and project validation that come along with these investments, I believe we are well on our way to successfully developing the Kami Project into a high quality iron ore mine.

[beerbaron]

Ask your readers who they’d rather believe, an analyst who’s never been to China and still has milk

on his chin, or Mr. Zejun Tian, the president of Hebei’s international trading unit, who is in charge of iron ore

purchases of about 50 million tonnes per year?

 

Not sure which one to trust, one has incentive to do a trough research while the other could lose a shitload of money if prices of iron ore depress.

 

All in all, I say the current price reflect all current and future informations the market has about iron ore. It could go either way. The question is, is there still players willing to invest 800 millions...

 

BaarBaron

[Liberty]

http://ceo.ca/uranium-outlook-and-paladin-energy-ltd-risk-profile/

 

(Sorry if it's a repost)

[Guest Dazel]

http://www.marketoracle.co.uk/Article41481.html

 

 

Altius made a lot of it's cash in uranium...it is the most unappreciated asset in their portfolio...the relationships that the Altius team has created in China over the last number of years will be very helpful when the demand for uranium increases. China simply has no other choice. The air quality and smog in their country has to be stopped...they are on there way to building a nuclear power future and they are smart enough to buy in advance.  Japan also does not have a choice...as you will see their reactors come back on line gradually...nuclear power makes up 30% of the electricity in the United States.

 

 

[nostradamus]

http://www.transcanada.com/6246.html

 

Taken from the ALS bullboard at stockhouse. Some speculation that the above proposed crude oil pipeline project, which is planned to terminate in New Brunswick, could revive Altius' 40% owned Newfoundland and Labrador Refining Corporation (which is currently in bankruptcy protection): http://altiusminerals.com/projects/nlrc

 

Anyone have any insights? Eg does anyone know whether the altius management are involved in any way with the proposed pipeline project?

 

N.

 

 

 

[Guest Dazel]

 

 

http://www.metalbulletin.com/Article/3234887/Iron-ore-and-coking-coal/Spot-635-Fe-iron-ore-prices-at-133-134-per-tonne-cfr.html

 

 

you would not know this by Alderon or Altius share price but the analysts and the rest have been wrong again about the price of iron ore. It is suppossed to be $90 by now isn't it!

 

 

[Phaceliacapital]

ALS CN: Altius Executes Agreement On Natashquan Nickel copper pg

2013-07-25 12:50:05.765 GMT

 

ALTIUS MINERALS CORP ("ALS-T;ATUSF-0")

- Altius Executes Agreement On Natashquan Nickel-copper-pge

- Project With Anglo American

 

    Altius Minerals Corporation is pleased to announce that it has entered

into a joint venture ("JV") agreement with Anglo American with respect to

its Natashquan nickel-copper-cobalt-platinum-palladium project in southern

Labrador, Canada.

 

    With an initial spend of $650,000 in 2013, Anglo American has the

option to earn a 66% interest in the project, through agreed additional

expenditures of $20 million over a five year period. Upon declaring a JV,

Altius will also be granted a 1% net smelter returns (NSR) royalty . Anglo

American will be the operator during the earn-in phase and the initial

manager to the JV. Plans are in progress to commence a multifaceted field

program in July.

 

    The 256 square kilometre Natashquan Property is located approximately

140 kilometres southwest of Churchill Falls, Labrador and represents a new

Ni-Cu-Co-PGE discovery in a frontier area of Labrador. Altius staked the

prospect in 2007 as a follow up of reported anomalous platinum and

palladium (PGE) in Late Paleoproterozoic mafic to ultramafic intrusive

rocks by the Newfoundland Geological Survey in 2001. Altius subsequently

completed an AeroTEM II-magnetometer survey in early 2008 that outlined EM

anomalous zones. Subsequent prospecting programs investigating various

coincident EM-mag targets resulted in the discovery of additional

nickel-copper-PGE sulphide mineralization.

 

    Lawrence Winter, Ph.D., P.Geo., Vice‐President of Exploration

for Altius, is the qualified person as defined by NI 43-101 guidelines

responsible for the technical data presented herein and has reviewed and

approved this release. Jeff Morgan, B.Sc., P.Geo., is the qualified person,

as defined by NI 43-101, responsible for project management and quality

assurance/quality control at Natashquan. Complete technical details for

this program including analytical procedures are described at

http://altiusminerals.com/projects/natashquan.

[Guest Dazel]

 

 

I was wondering if they would excute a partnership on that property. Palladium and platinum are in a supply shortage right now. The management continue to excute...the market will figure it out eventually.

 

http://metals.about.com/b/2013/05/26/is-a-platinum-and-palladium-shortage-looming.htm