FULL DISCLOSURE: Altamira Gold is a sponsor of theDeepDive.ca.
When investors think of gold districts, they tend to collectively think of the common regions of the world. BC’s Golden Triangle. Quebec’s Abitibi. The Yukon’s Tintina Belt. Nevada’s Walker Lane Trend. Or maybe even something more exotic, like Colombia.
But all of those regions have one commonality amongst themselves – fractured ownership. They’re well known because so many different explorers over the years have staked some small claims, made a discovery, and built a mine. That exploration success entices the next group to stake some more claims, make their own discovery, and the process repeats.
In turn, investors hear constant pitches for these regions, which builds these districts into the common lexicon of investors. Which brings in more investment dollars, and the cycle repeats on and on..
But what about those potentially world class districts that don’t have fractured ownership, where one company owns the entire meat and potatoes of the district? Well, then you’re likely talking about Altamira Gold (TSXV: ALTA).
Lets dive in.
FULL DISCLOSURE: Altamira Gold Corp is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of Altamira Gold. The author has been compensated to cover Altamira Gold on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.