Lawrence Roulston
Canadian Royalties Inc
CZZ-T
COMMENT
Apr 30, 2008
Nickel deposit that looks very attractive. Immediately adjacent to a very profitable mine that was developed by Falconbridge. Facing a dismal outlook on the base metal prices. Expect it will be only months before there is a revaluation on base metals stocks.
Has consolidated a number of claims in northern Québec. Seems to be building a bit of the base. Results of 40 diamond drill holes will be coming out soon. Need to see volume.
Have a good nickel project in the Nunavut area, but has fallen below the radar. Feels they are takeover candidate. Probably won't get a big premium, but it's in an area he likes.
A nickel play in the Ragland area. Management is spending at Fairmont time in a spin-off, which makes it more likely there will be a takeover. Stock has broken out and could mean another $1.
Uranium has long-term drivers. Has been weak lately. One of the very few Uranium stocks we own. They have a massive resource in Sweden, they have the government on their side.
Your Watchlist
Add stocks to watchlist to monitor them daily and get important alerts.