I’m happy to report that Sirios Resources (SOI.V) is continuing for a second year as a member of my website sponsorship program. I’ve recently hired a research and content production assistant, we are about to start cranking up our online shows again. I’m looking forward to doing shows again and in having Dominique Doucet, CEO of Sirios Resources on a future show.
Sponsors are the backbone of why I can produce my reports, and having sponsors with significant blue-sky potential like Sirios Resources is crucial for the success of my reports. What sets Sirios apart from their peers in the gold exploration business is that they are well on their way to proving the importance of an old mining saying that mines are not found, they are built.
Many people that invest in gold exploration stocks have the impression, or the hope is maybe more accurate, their exploration stocks will make a gold discovery with one drill hole and then the stock will go to the moon. It doesn’t work like that, it usually starts with being in a good area, then a bunch of drill holes and maybe a few different looks at how to unravel the mystery of a buried treasure.
In real estate, they say it is all about location, location, location. Well mining is a lot like that as well. Looking for a new multi-million-ounce gold deposit is often near where there is already one. In Sirios Resources case, they are right beside the Eleonore Gold Mine found by Virginia Gold, they sold it to Goldcorp who built the gold mine.
I’m sure that Sirios would love to follow the same path as Virginia Gold did and they are starting with ground in the same spot. The next important thing is to find the keys to unlocking where a big deposit can be on their property.
They have drilled a bunch of holes and hit a lot of gold in their drill holes spread out into various targets on their ground. They have clearly proven that there is gold across a wide part of the property. The next important milestone will be for them to figure out where on their property they can find a deposit big enough to become a gold mine.
In their recent drilling results, they announced another set of drill holes that included drilling into the contact or near the contact of the meta-sediments and the tonalities. This contact is where they have caught my attention with solid intersections of high-grade gold in the past. The contact is a very large-scale target and they could be drilling there for a long time.
It looks to me like they are also liking what they see in this area and it will be a large component of their future drilling. They are in a very good position, they have zones on the property that looks like they could hang together into a low-grade bulk tonnage target, and they have high-grade gold targets as well.
My hope is that as gold is under $1500 that the focus on the high-grade becomes a key and when gold gets higher and bulk tonnage are more interesting to then crank things up on those targets. Either way, I see gold heading into a multiple year bull market so their timing is great to have both bulk tonnage and high-grade gold target on their ground.
The Business Part
Those that have followed my reports over the years know I’m all about being clear. For me to cover companies closely takes time and is costly to produce. Which is why I put together the website sponsorship program, now in its second year. With the sponsorships, I cover the costs of the added coverage and to produce my other reports for my readers and viewers at no cost.
I’m delighted that Sirios Resources has decided to give me the chance to showcase them in my website sponsorship program for a second year. The website sponsorship program is $12,000.00 per year; I have already received payment.
I’m not the only commentator that has website sponsors. What makes mine different, is that website sponsors don’t get to review or edit my written or video reports, they see the reports when everybody else does.
This way, you will know that it is my opinion of what is happening, I read their news and present my views on them when I see fit to write them up or interview them on my shows. I think this takes confidence from the sponsor company in my reporting and their projects.
I would like to thank the management of Sirios Resources for being part of my website sponsorship program for the second year. Sponsors and consulting clients make my work possible. On behalf of my audience, thank you.
Whether I’m looking at a company to invest in, choose as one of my stock picks or a company I invite to be a website sponsor, they all must pass through the same filters. Sirios Resources has been a company I’ve covered since they announced their first important drill holes from their Cheechoo gold project beside Goldcorp’s Eleonore Gold Mine. They have been one of my picks before becoming a website sponsor and continue to pass the test on all counts.
Since the new gold bull market started in January of 2016, that was covered closely in the reports, we have seen strong rallies and pullbacks. This is normal for a new bull market following a multiple year bear market.
Last time around, during the gold bull market of 2001-2011, it took a few years before a decent percentage of the crowd that invest in the space recognized it as a bull market. The same thing has been happening since January 2016. We are still a long way from a top but I think it is a good time to look at the gold stocks that performed the best during the last big bull market for gold.
It was those companies with high quality projects that either got bought out or got funded to transition from explorers to producers. I was lucky enough to cover a lot of companies in the reports during the last bull market that had these kinds of successes.
I’m positioning my picks and sponsor to be companies that have the realistic potential to have that same success in the new gold bull market.
Sirios Resources fits the bill, they have well located ground, in a mining friendly jurisdiction, beside a big gold mine, with ground that has returned a lot of gold with the truth machine.
This company is always busy with the truth machine and I look forward to seeing more drill results. Especially from the contact area between two key packages of rock where they have hit high-grade gold in the past.
Due to the merits of their projects and the quality of the people running the company they have no problems raising money for their exploration. They are a company that those watching can expect to see very good news flow that can grab the markets attention.
I would also add that despite a lot of promotion in the gold space, finding companies with high quality gold exploration projects, in good jurisdictions, located next to mines are not easy to find these days.
Sirios is in the running meeting all those criteria to be a big winner as we advance further into the new gold bull market. I’m also grateful to have them on as a member of my website sponsorship program to help me bring content to readers and viewers of my reports.
Allan Barry Laboucan
Allan Barry Reports
Alset Energy (ION.V)
Advance Gold (AAX.V)
P.S. my reports are for information purposes only, before making any investment decisions it is important to do your homework and speak with your financial advisers.