| People Tree for Aurion Resources Ltd (AU-V)
Issued 117,854,678 |
Price $0.66 |
Working Capital $15,846,426 |
Story Type Discovery Exploration |
Diluted 127,337,227 |
Insiders 18.3% |
As of 9/30/2022 |
Key People Matti Talikka (CEO), David Lotan (Chair), Mark Serdan (CFO), |
Related Party |
Occupation |
Related Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
David Lotan |
Investor |
4/20/2017 |
 |
 |
 |
Chairman |
9,725,382 |
8.3% |
David Loveys |
Accountant |
2/2/2010 |
 |
 |
|
|
318,900 |
0.3% |
Dennis Clarke |
Lawyer |
11/16/2012 |
 |
 |
|
|
300,000 |
0.3% |
Matti Talikka |
Geologist |
1/15/2015 |
 |
 |
 |
CEO |
212,000 |
0.2% |
Leily Omouni |
Engineer |
3/31/2021 |
 |
 |
|
|
0 |
0.0% |
Kerry E. Sparkes |
Geologist |
12/3/2019 |
 |
 |
|
|
0 |
0.0% |
Kinross Gold Corp |
Public Company |
4/1/2019 |
 |
|
|
|
8,523,269 |
7.2% |
Michael Basha |
Geologist |
10/16/2008 |
 |
|
|
Advisory Board |
2,541,071 |
2.2% |
Mark Serdan |
Accountant |
1/23/2018 |
 |
|
 |
CFO |
0 |
0.0% |
Issued 109,253,672 |
Price $0.06 |
Working Capital $3,686,796 |
Story Type Discovery Exploration |
Diluted 147,004,821 |
Insiders 48.0% |
As of 9/30/2022 |
Key People Robert Bruggeman (CEO), Jacqueline Allison (Chair), John E. Hurley (CFO), Matthew Lapointe (VP EX), Bob Patey (VP EX), |
Related Party |
Occupation |
Related Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
Kerry E. Sparkes |
Geologist |
8/15/2018 |
 |
|
|
Advisory Board |
0 |
0.0% |
Robert Bruggeman |
Broker |
9/16/2020 |
 |
 |
 |
CEO & President |
1,550,895 |
1.4% |
Sam Leung |
Engineer |
7/30/2018 |
 |
 |
|
|
1,150,000 |
1.1% |
James Clare |
Lawyer |
11/29/2021 |
 |
 |
|
|
342,857 |
0.3% |
Neil Burns |
|
11/29/2021 |
 |
 |
|
|
263,000 |
0.2% |
Jacqueline Allison |
Geoscientist |
12/1/2021 |
 |
 |
 |
Chairman |
0 |
0.0% |
2176423 Ontario Ltd |
Private Company |
7/9/2021 |
 |
|
|
|
27,863,339 |
25.5% |
Adventus Zinc Corp |
Public Company |
8/15/2018 |
 |
|
|
|
17,376,339 |
15.9% |
Altius Minerals Corp |
Public Company |
8/15/2018 |
 |
|
|
|
3,669,024 |
3.4% |
John E. Hurley |
Accountant |
1/1/2001 |
 |
|
 |
CFO |
184,525 |
0.2% |
Laurence Curtis |
Geologist |
2/9/2021 |
 |
|
|
Advisory Board |
0 |
0.0% |
Matthew Lapointe |
Geologist |
9/21/2021 |
 |
|
 |
VP Exploration |
0 |
0.0% |
Bob Patey |
Geologist |
8/15/2018 |
 |
|
 |
VP Exploration |
0 |
0.0% |
Karen Willoughby |
Investor Relations |
8/15/2018 |
 |
|
|
IR |
0 |
0.0% |
Issued 53,576,570 |
Price $0.14 |
Working Capital $425,438 |
Story Type Feasibility Demonstration |
Diluted 54,351,570 |
Insiders 23.0% |
As of 9/30/2022 |
Key People Jack Stoch (CEO), Marie-Josee Audet (CFO), |
Related Party |
Occupation |
Related Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
David Lotan |
Investor |
5/9/2019 |
 |
 |
|
|
0 |
0.0% |
Jack Stoch |
Businessperson |
1/1/2010 |
 |
 |
 |
CEO & President |
3,566,336 |
6.7% |
Dianne Stoch |
Consultant |
1/1/2010 |
 |
 |
|
|
563,322 |
1.1% |
Rimant (Ray) Zalnieriunas |
Geologist |
1/1/2010 |
 |
 |
|
|
137,500 |
0.3% |
David J. Leclaire |
Broker |
1/1/2012 |
 |
 |
|
|
7,900 |
0.0% |
Samuel R. Bosum |
Consultant |
1/1/2012 |
 |
 |
|
|
0 |
0.0% |
Lotan Holdings Inc |
Private Company |
4/24/2019 |
 |
|
|
|
4,206,500 |
7.9% |
Verendrye Capital Corp |
Private Company |
8/8/2018 |
 |
|
|
|
3,863,900 |
7.2% |
Marie-Josee Audet |
Investor |
4/24/2019 |
 |
|
 |
CFO |
0 |
0.0% |
Issued 36,921,279 |
Price $3.90 |
Working Capital $1,866,482 |
Story Type Discovery Exploration |
Diluted 39,373,154 |
Insiders 38.2% |
As of 9/30/2022 |
Key People Brooke Macdonald (CEO), David Loveys (CFO), Yvan Crepeau (VP EX), |
Related Party |
Occupation |
Related Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
David Loveys |
Accountant |
11/1/2006 |
 |
 |
 |
CFO |
36,053 |
0.1% |
H. Greg Chamandy |
Businessperson |
7/12/2017 |
 |
 |
|
|
3,334,819 |
9.0% |
Brooke Macdonald |
Lawyer |
4/16/2009 |
 |
 |
 |
CEO & President |
180,267 |
0.5% |
W. John Clarke |
Lawyer |
7/1/1999 |
 |
 |
|
|
47,434 |
0.1% |
Beverly Evans |
Accountant |
6/11/2010 |
 |
 |
|
|
10,556 |
0.0% |
Colin McKenzie |
Geologist |
2/1/2005 |
 |
 |
|
Chairman |
5,417 |
0.0% |
Dmyant Sangha |
Broker |
6/25/2019 |
 |
|
|
|
6,046,493 |
16.4% |
Rosseau Asset Management Ltd |
Institution |
6/25/2019 |
 |
|
|
|
4,414,525 |
12.0% |
John M. Fleming |
|
7/1/1999 |
 |
|
 |
Advisory Board |
14,177 |
0.0% |
Yvan Crepeau |
Geologist |
6/11/2013 |
 |
|
 |
VP Exploration |
0 |
0.0% |
Dennis Jones |
Geologist |
5/12/2017 |
 |
|
|
Advisory Board |
0 |
0.0% |
Issued 52,410,675 |
Price $0.32 |
Working Capital $145,932 |
Story Type Feasibility Demonstration |
Diluted 55,598,527 |
Insiders 29.2% |
As of 7/31/2022 |
Key People Stephen D. Case (CEO), David Lotan (Chair), Fraser Laschinger (CFO), |
Related Party |
Occupation |
Related Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
David Lotan |
Investor |
1/9/2023 |
 |
 |
 |
Chairman |
0 |
0.0% |
Stephen D. Case |
|
11/12/2015 |
 |
 |
 |
CEO & President |
9,094,838 |
17.4% |
John D. Yokley |
Retired |
12/15/2015 |
 |
 |
|
|
600,000 |
1.1% |
Elizabeth Leonard |
Broker |
8/19/2021 |
 |
 |
|
|
460,750 |
0.9% |
Lotan Holdings Inc |
Private Company |
4/25/2019 |
 |
|
|
|
5,153,000 |
9.8% |
Independent Trading Group Inc |
Investor Relations |
7/2/2021 |
 |
|
|
IR |
0 |
0.0% |
Fraser Laschinger |
Administrator |
4/25/2019 |
 |
|
 |
CFO |
0 |
0.0% |
Issued 235,165,784 |
Price $13.28 |
Working Capital $253,673,000 |
Story Type Producer |
Diluted 240,339,225 |
Insiders 80.4% |
As of 9/30/2022 |
Key People Ron F. Hochstein (CEO), Andre Oliveira (VP EX), Nathan Monash (VP CD), |
Related Party |
Occupation |
Related Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
Kinross Gold Corp |
Public Company |
12/17/2014 |
 |
|
|
Vendor |
20,656,250 |
8.8% |
Carmel Daniele |
Accountant |
1/1/2015 |
 |
 |
|
|
10,660,000 |
4.5% |
C. Ashley Heppenstall |
|
5/1/2015 |
 |
 |
|
|
150,000 |
0.1% |
Ron F. Hochstein |
Engineer |
5/25/2004 |
 |
 |
 |
CEO & President |
52,500 |
0.0% |
Ian W. Gibbs |
Accountant |
6/10/2005 |
 |
 |
|
|
12,500 |
0.0% |
Chantal Gosselin |
Analyst |
3/21/2017 |
 |
 |
|
|
8,000 |
0.0% |
Craig Jones |
|
6/1/2018 |
 |
 |
|
|
0 |
0.0% |
Newcrest Canada |
Private Company |
6/1/2018 |
 |
|
|
|
71,582,228 |
30.4% |
Zebra Holdings and Investments SARL |
Family Trust |
7/28/2010 |
 |
|
|
|
41,093,714 |
17.5% |
Orion CO-VI Ltd Corporation |
|
6/1/2018 |
 |
|
|
|
24,213,075 |
10.3% |
Nemesia S.a.r.l. |
Private Company |
1/22/2021 |
 |
|
|
|
20,695,407 |
8.8% |
Pablo Mir |
Lawyer |
12/17/2014 |
 |
|
|
|
46,660 |
0.0% |
Paul McRae |
Engineer |
12/17/2014 |
 |
|
|
|
1,375 |
0.0% |
David Dicaire |
Mining Executive |
4/12/2016 |
 |
|
|
Project Manager |
0 |
0.0% |
Nathan Monash |
|
4/13/2015 |
 |
|
 |
VP Corp Dev |
0 |
0.0% |
Andre Oliveira |
Geologist |
3/21/2022 |
 |
|
 |
VP Exploration |
0 |
0.0% |
Issued 12,583,112 |
Price $0.06 |
Working Capital ($42,831) |
Story Type Feasibility Demonstration |
Diluted 13,803,112 |
Insiders 40.6% |
As of 6/30/2013 |
Key People Peter Tallman (CEO), Gary McDonald (CFO), Susan Tessman (Sec), |
Delisted: Led by President and CEO Peter Tallman, Messina is a Newfoundland-focused polymetallic and base metals explorer with a porfolio of VMS projects. In September 2013 the company announced it had agreed to be acquired by Canadian Zinc through a plan of arrangement with shareholders receiving one Canadian Zinc share per 5.9 Messina shares. |
Hop to this company's People Tree |
Related Party |
Occupation |
Related Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
Kerry E. Sparkes |
Geologist |
|
 |
|
|
Consultant |
0 |
0.0% |
Peter Tallman |
Geologist |
5/30/2003 |
 |
 |
 |
CEO & President |
1,105,007 |
8.8% |
Steven Brunelle |
Geologist |
12/29/2000 |
 |
 |
|
|
696,625 |
5.5% |
Gary McDonald |
Accountant |
12/17/2004 |
 |
 |
 |
CFO |
140,000 |
1.1% |
John L. Pallot |
Administrator |
3/31/1993 |
 |
 |
|
|
53,000 |
0.4% |
Canadian Zinc Corp |
|
12/16/2013 |
 |
|
|
|
3,000,000 |
23.8% |
Susan Tessman |
|
5/1/2004 |
 |
|
 |
Corporate Secretary |
110,000 |
0.9% |
BMK Communications Inc |
Investor Relations |
11/20/2007 |
 |
|
|
IR |
0 |
0.0% |
Issued 302,372,000 |
Price $5.69 |
Working Capital $39,963,000 |
Story Type Feasibility Demonstration |
Diluted 344,255,735 |
Insiders 27.0% |
As of 9/30/2022 |
Key People Jason Simpson (CEO), Charles Jeannes (Chair), Etienne Morin (CFO), Andre Cormier (COO), Hans Q. Smit (COO), Sylvain Guerard (VP EX), |
Related Party |
Occupation |
Related Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
Kerry E. Sparkes |
Geologist |
2/5/2010 |
 |
|
|
VP |
672,300 |
0.2% |
Hans Q. Smit |
Geologist |
6/10/2015 |
 |
 |
 |
COO |
2,942,900 |
1.0% |
Richard J. Hall |
Mining Executive |
6/10/2015 |
 |
 |
|
|
2,157,000 |
0.7% |
Jean Robitaille |
Metallurgist |
12/6/2016 |
 |
 |
|
|
1,777,450 |
0.6% |
Charles Jeannes |
Lawyer |
6/19/2017 |
 |
 |
 |
Chairman |
1,736,100 |
0.6% |
George Albino |
Analyst |
6/19/2017 |
 |
 |
|
|
301,000 |
0.1% |
Tim Haldane |
Engineer |
6/19/2017 |
 |
 |
|
|
78,500 |
0.0% |
Jason Simpson |
Engineer |
11/12/2018 |
 |
 |
 |
CEO & President |
0 |
0.0% |
David Stephens |
Broker |
3/29/2018 |
 |
 |
|
|
0 |
0.0% |
Goldcorp Inc |
Public Company |
6/27/2018 |
 |
|
|
|
34,410,141 |
11.4% |
Pierre Lassonde |
Mining Executive |
6/19/2017 |
 |
|
|
|
20,073,500 |
6.6% |
Agnico-Eagle Mines Ltd |
Public Company |
6/27/2018 |
 |
|
|
|
17,613,835 |
5.8% |
Andre Cormier |
Engineer |
4/9/2020 |
 |
|
 |
COO |
0 |
0.0% |
Sylvain Guerard |
Geologist |
8/24/2020 |
 |
|
 |
VP Exploration |
0 |
0.0% |
Etienne Morin |
|
3/13/2018 |
 |
|
 |
CFO |
0 |
0.0% |
Issued 98,603,979 |
Price $0.18 |
Working Capital $1,999,762 |
Story Type Discovery Exploration |
Diluted 113,392,314 |
Insiders 15.7% |
As of 11/30/2022 |
Key People Sungbum Spencer Huh (CEO), Nancy Zhao (CFO), Gunmin Park (VP CD), Chris Chung (VP FI), |
Related Party |
Occupation |
Related Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
Kinross Gold Corp |
Public Company |
5/1/2008 |
 |
|
|
Placee |
77,750 |
0.1% |
Gary W. Anderson |
|
8/15/2016 |
 |
 |
|
|
5,000,000 |
5.1% |
Jenny Egusquiza Oliveros |
Lawyer |
8/15/2016 |
 |
 |
|
Vendor |
5,000,000 |
5.1% |
Z. Adam Szybinski |
|
8/15/2016 |
 |
 |
|
Vendor |
5,000,000 |
5.1% |
Sungbum Spencer Huh |
|
5/17/2018 |
 |
 |
 |
CEO & President |
0 |
0.0% |
John M. Kowalchuk |
Geologist |
5/1/2013 |
 |
 |
|
|
0 |
0.0% |
David B. Elliott |
Broker |
3/12/2007 |
 |
|
|
Placee |
355,000 |
0.4% |
Raymond Chan |
Businessperson |
11/29/2019 |
 |
|
|
Advisory Board |
0 |
0.0% |
Chris Chung |
|
2/26/2018 |
 |
|
 |
VP Finance |
0 |
0.0% |
Jay Han |
|
10/10/2018 |
 |
|
|
Advisory Board |
0 |
0.0% |
Peter Hoh |
|
4/9/2018 |
 |
|
 |
Advisory Board |
0 |
0.0% |
Sung Rock Hwang |
|
7/11/2018 |
 |
|
 |
Advisory Board |
0 |
0.0% |
Ki-Tae (Robert) Lee |
Fund Manager |
3/5/2019 |
 |
|
|
Advisory Board |
0 |
0.0% |
Doo Jae Min |
|
10/10/2018 |
 |
|
|
Advisory Board |
0 |
0.0% |
Gunmin Park |
Engineer |
4/6/2020 |
 |
|
 |
VP Corp Dev |
0 |
0.0% |
Dongmok Whang |
|
4/5/2018 |
 |
|
 |
Advisory Board |
0 |
0.0% |
Nancy Zhao |
Accountant |
3/26/2019 |
 |
|
 |
CFO |
0 |
0.0% |
Issued 100,395,804 |
Price $3.42 |
Working Capital $73,992,970 |
Story Type Feasibility Demonstration |
Diluted 110,231,772 |
Insiders 1.8% |
As of 6/30/2013 |
Key People Raymond Threlkeld (CEO), Leo N. S. Berezan (Chair), Michael Mutchler (COO), Kerry E. Sparkes (VP EX), |
Delisted: Led by CEO and President Raymond Threlkeld, Rainy River is focused on its 26,000 hectare Rainy River project in Northwestern Ontario where it is attempting to outline deposits mineable by both open pit and underground methods. Acquired in June 2005 from Nuinsco as a property hosting three known mineralized zones, Rainy River has identified a number of additional zones and in February 2008 completed resource estimates including the 17/ODM Zones, Beaver Pond Area, the 433 Zone and the CAP Zone identifying 1.4 million indicated gold ounces and an additional 2.2 million inferred ounces. By February 2012 the resource had grown to 5.72 million measured and indicated gold ounces, with 2.25 million inferred. A PEA completed in November 2011 for a 13 year combined open-pit and underground operation with a 31,000 TPD mill reported a pretax NPV(5%) of $786 million and an IRR of 19.4% using a gold price of $1,200. LOM production is forecast at 329,000 gold ounces annually, with average cash costs of $417 per ounce net of silver credits. An updated PEA filed in August 2012 offered a scaled back mining scenario of 20,000 tpd which blends open and underground ore averaging 305,000 oz gold and 478,000 oz silver during the initial 10 years. A PFS is expected in the first half of 2013. In May 2013 the company announced it had agreed to be acquired by New Gold for, at the election of each holder of Rainy River common shares, 0.5 of a common share of New Gold or $3.83 in cash. The offer values the fully diluted in-the-money share capital of Rainy River, net of Rainy River's current cash balance, at approximately $310-million. |
Hop to this company's People Tree |
Related Party |
Occupation |
Related Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
Kerry E. Sparkes |
Geologist |
10/28/2010 |
 |
|
 |
VP Exploration |
0 |
0.0% |
Leo N. S. Berezan |
|
4/3/1998 |
 |
 |
 |
Chairman |
1,334,048 |
1.3% |
Stuart A. Averill |
Geologist |
8/8/2005 |
 |
 |
|
|
360,000 |
0.4% |
Raymond Threlkeld |
Mining Executive |
6/23/2009 |
 |
 |
 |
CEO & President |
53,200 |
0.1% |
Gerald J. Shields |
Lawyer |
1/1/2007 |
 |
 |
 |
VP |
28,109 |
0.0% |
Richard Pettit |
Accountant |
6/17/2010 |
 |
 |
|
|
4,300 |
0.0% |
James D. Excell |
Metallurgist |
6/17/2010 |
 |
 |
|
|
0 |
0.0% |
Dale C. Peniuk |
Accountant |
4/20/2007 |
 |
 |
|
|
0 |
0.0% |
Bradley Baker |
Investor Relations |
8/31/2005 |
 |
|
|
IR |
0 |
0.0% |
John Halme |
Investor Relations |
6/12/2008 |
 |
|
|
IR |
0 |
0.0% |
Michael Mutchler |
Engineer |
10/11/2011 |
 |
|
 |
COO |
0 |
0.0% |
Nicholas J. Nikolakakis |
Accountant |
5/18/2010 |
 |
|
 |
VP |
0 |
0.0% |
Issued 98,496,125 |
Price $0.07 |
Working Capital ($124,744) |
Story Type Discovery Exploration |
Diluted 129,166,625 |
Insiders 12.7% |
As of 9/30/2017 |
Key People David Lotan (CEO), |
Delisted: Rapier is a 2013 spin-off from Rogue Iron Ore Corp that is focused on gold exploration in Ontario's Porcupine mining district. |
Hop to this company's People Tree |
Related Party |
Occupation |
Related Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
David Lotan |
Investor |
3/30/2017 |
 |
 |
 |
CEO |
0 |
0.0% |
Darren J. Blasutti |
Accountant |
3/30/2017 |
 |
 |
|
|
0 |
0.0% |
Paul A. Parisotto |
Investment Banker |
3/30/2017 |
 |
 |
|
|
0 |
0.0% |
Lorie Waisberg |
Lawyer |
3/30/2017 |
 |
 |
|
|
0 |
0.0% |
Delbrook Capital Advisors Inc |
Institution |
5/18/2016 |
 |
|
|
|
12,500,000 |
12.7% |
Michael Petrina |
Engineer |
1/5/2016 |
 |
|
 |
Advisory Board |
0 |
0.0% |
David Rhys |
Geologist |
1/5/2016 |
 |
|
|
Advisory Board |
0 |
0.0% |
Issued 262,993,220 |
Price $34.80 |
Working Capital $818,898,000 |
Story Type Producer |
Diluted 262,993,220 |
Insiders 17.0% |
As of 6/30/2010 |
Key People Richard P. Clark (CEO), Lukas H. Lundin (Chair), |
Delisted: Red Back Mining is an Africa-focused mid-tier producer led by CEO Richard P. Clark and Chairman Lukas Lundin that is part of the Lundin group of companies. Red Back's two producing mines are Chirano in Ghana and Tasiast in Mauritania which together provide a cumulative resource of seven million gold ounces in all categories. In Q2 2008 Red Back produced 64,719 gold ounces at cash operating costs of $434 per ounce and for the full year Red Back achieved record gold production of 260,847 ounces, an increase of 76 per cent over 2007 production of 148,008 ounces. In addition to its operating mines Red Back also owns a 13% interest in Mineral Deposits Ltd. which is expecting to place its 3.5 million gold ounce Sabodala project in Senegal into production in December 2008.For 2009, the company is forecasting production of 170,000 ounces at Chirano and 230,000 ounces at Tasiast for a company total of 400,000 ounces, a 53% increase over 2008 levels, at average cash operating costs of approximately $385 per ounce, with production growing to approximately 500,000 ounces in 2010. In Q2 2010 the company earned $21.9 million on gold production of 106,362 ounces, with cash costs of $481 per ounce. On August 2, 2010 the company announced it had agreed to be acquired by Kinross Gold on the basis of 1.778 Kinross common shares, plus 0.110 of a Kinross warrant for each Red Back common share held. Roughly $30.50 per Kinross share, for a total transaction value of around $7.1 billion. |
Hop to this company's People Tree |
Related Party |
Occupation |
Related Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
Kinross Gold Corp |
Public Company |
5/7/2010 |
 |
|
|
|
24,000,000 |
9.1% |
Richard P. Clark |
Lawyer |
6/21/2000 |
 |
 |
 |
CEO & President |
890,988 |
0.3% |
Michael W. Hunt |
Lawyer |
5/3/2004 |
 |
 |
|
|
236,020 |
0.1% |
Robert F. Chase |
Businessperson |
8/8/2005 |
 |
 |
|
|
50,000 |
0.0% |
Lukas H. Lundin |
Deceased |
5/29/2003 |
 |
 |
 |
Chairman |
33,769 |
0.0% |
Brian D. Edgar |
Lawyer |
8/8/2005 |
 |
 |
|
|
20,000 |
0.0% |
George L. Brack |
Investment Banker |
5/21/2009 |
 |
 |
|
|
10,000 |
0.0% |
Ellegrove Capital Ltd. |
Private Company |
|
 |
|
|
|
19,449,332 |
7.4% |
Issued 166,459,261 |
Price $0.01 |
Working Capital ($110,106) |
Story Type Discovery Exploration |
Diluted 211,624,261 |
Insiders 2.7% |
As of 11/30/2021 |
Key People Jeremie Ryan (CEO), John W. W. Hick (Chair), Ingrid Martin (CFO), |
Related Party |
Occupation |
Related Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
Kerry E. Sparkes |
Geologist |
8/8/2005 |
 |
 |
|
|
202,117 |
0.1% |
Normand Champigny |
Engineer |
4/17/2012 |
 |
 |
|
CEO & President |
1,731,666 |
1.0% |
John W. W. Hick |
Lawyer |
10/2/2014 |
 |
 |
 |
Chairman |
112,578 |
0.1% |
Francois Biron |
Engineer |
7/27/2016 |
 |
 |
|
|
100,000 |
0.1% |
Lawrence Cannon |
Politician |
5/15/2019 |
 |
 |
|
|
0 |
0.0% |
Jeremie Ryan |
Businessperson |
11/23/2018 |
 |
 |
 |
CEO & President |
0 |
0.0% |
Pierre-Andre Viens |
Engineer |
7/29/2020 |
 |
 |
|
|
0 |
0.0% |
Leo N. S. Berezan |
|
10/2/2014 |
 |
|
|
|
2,000,000 |
1.2% |
Ingrid Martin |
Accountant |
10/2/2014 |
 |
|
 |
CFO |
280,417 |
0.2% |
Issued 43,752,038 |
Price $0.35 |
Working Capital $191,275 |
Story Type Discovery Exploration |
Diluted 51,352,038 |
Insiders 4.2% |
As of 9/30/2022 |
Key People Scott Hicks (CEO), Martin Rip (CFO), Leo Hathaway (VP EX), |
Related Party |
Occupation |
Related Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
Mark Serdan |
Accountant |
4/24/2019 |
 |
 |
|
|
0 |
0.0% |
Scott Hicks |
Investment Banker |
4/24/2019 |
 |
 |
 |
CEO |
0 |
0.0% |
Timo Maki |
Geologist |
4/24/2019 |
 |
 |
|
|
0 |
0.0% |
Michael P. Moore |
Geologist |
9/7/2016 |
 |
 |
|
|
0 |
0.0% |
Martin Rip |
Accountant |
4/24/2019 |
 |
 |
 |
CFO |
0 |
0.0% |
Marshall Koval |
Geologist |
12/15/2016 |
 |
|
|
|
1,431,250 |
3.3% |
Medalist Capital Corp |
Private Company |
4/24/2019 |
 |
|
|
Finder |
400,000 |
0.9% |
Lyle Braaten |
Lawyer |
4/24/2019 |
 |
|
 |
VP |
0 |
0.0% |
Leo Hathaway |
Geologist |
4/24/2019 |
 |
|
 |
VP Exploration |
0 |
0.0% |
Issued 53,625,637 |
Price $2.58 |
Working Capital $7,039,266 |
Story Type Feasibility Demonstration |
Diluted 53,625,637 |
Insiders 14.4% |
As of 12/31/2009 |
Key People Adrian W. Fleming (CEO), Cale J. Moodie (CFO), Jason Cunliffe (VP EX), Robert J. McLeod (VP EX), |
Delisted: Underworld Resources Ltd went public by IPO in 2007 under Adrian Fleming, Michael Williams, and Robert McLeod, with an initial focus on projects in New Zealand, but branched out with an option on the Pogo-style White gold project in Yukon. After initial drilling at White Gold in 2008 that reported some narrow high-grade intercepts, summer 2009 drilling saw the company begin to report longer intercepts such as 104 meters of 3.4 grams per tonne gold in hole Wd-031 as the stock moved into the dollar range. In January 2010 Underworld reported an initial resource estimate of 1,004,570 ounces at a grade of 3.2 grams per tonne gold in an indicated category, with an additional 407,413 ounces of inferred resources at an average grade of 2.5 grams per tonne gold. In March 2010 the company received a share-based takeover offer from Kinross of 0.141 Kinross share and $0.01 per Underworld share, equivalent to $2.62 per Underworld share at the time of announcement, or $139 million on a fully diluted basis. |
Hop to this company's People Tree |
Related Party |
Occupation |
Related Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
Kinross Gold Corp |
Public Company |
|
 |
|
|
|
3,918,181 |
7.3% |
Adrian W. Fleming |
Geologist |
12/1/2005 |
 |
 |
 |
CEO & President |
1,105,000 |
2.1% |
Robert J. McLeod |
Geologist |
12/1/2005 |
 |
 |
 |
VP Exploration |
1,010,000 |
1.9% |
Michael J. Williams |
Businessperson |
12/1/2005 |
 |
 |
|
|
1,005,000 |
1.9% |
Jeffrey R. Sundar |
Investor Relations |
12/1/2005 |
 |
 |
|
|
308,000 |
0.6% |
Darryl S. Cardey |
Businessperson |
8/12/2005 |
 |
 |
|
|
301,300 |
0.6% |
Marcel de Groot |
Accountant |
12/16/2006 |
 |
 |
|
|
74,000 |
0.1% |
Christopher E. Herald |
Geologist |
11/24/2009 |
 |
 |
|
|
0 |
0.0% |
Jason Cunliffe |
Geologist |
1/9/2008 |
 |
|
 |
VP Exploration |
0 |
0.0% |
Hamish Greig |
Administrator |
8/6/2008 |
 |
|
|
IR |
0 |
0.0% |
Cale J. Moodie |
Accountant |
1/9/2008 |
 |
|
 |
CFO |
0 |
0.0% |
Issued 64,457,683 |
Price $7.73 |
Working Capital $102,661,689 |
Story Type Producer |
Diluted 67,378,845 |
Insiders 43.8% |
As of 9/30/2022 |
Key People John McConnell (CEO), Mark Corra (CFO), Paul D. Gray (VP EX), Peter Ozorio (Sec), |
Related Party |
Occupation |
Related Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
Kinross Gold Corp |
Public Company |
8/8/2016 |
 |
|
|
|
3,725,775 |
5.8% |
Christopher Hill |
|
8/18/2011 |
 |
 |
|
|
1,153,341 |
1.8% |
John McConnell |
Engineer |
7/31/2007 |
 |
 |
 |
CEO & President |
502,091 |
0.8% |
T. Sean Harvey |
Businessperson |
7/31/2007 |
 |
 |
|
|
306,667 |
0.5% |
Michael D. McInnis |
Geologist |
12/19/2008 |
 |
 |
|
|
118,833 |
0.2% |
Sean E. O. Roosen |
Mining Executive |
6/25/2018 |
 |
 |
|
|
66,667 |
0.1% |
Patrick D. Downey |
Mining Executive |
6/29/2016 |
 |
 |
|
|
33,333 |
0.1% |
Jacques Perron |
Engineer |
6/18/2018 |
 |
 |
|
|
10,000 |
0.0% |
Letha MacLachlan |
Lawyer |
12/21/2018 |
 |
 |
|
|
3,067 |
0.0% |
Orion CO-VI Ltd Corporation |
|
10/8/2019 |
 |
|
|
|
11,452,610 |
17.8% |
Sun Valley Gold LLC |
Institution |
8/25/2010 |
 |
|
|
|
6,138,537 |
9.5% |
Electrum Strategic Opprotunities Fund LP |
Institution |
8/8/2016 |
 |
|
|
|
4,693,333 |
7.3% |
Mark Corra |
|
|
 |
|
 |
CFO |
0 |
0.0% |
Anthony George |
Engineer |
2/15/2017 |
 |
|
 |
VP |
0 |
0.0% |
Paul D. Gray |
Geologist |
4/25/2017 |
 |
|
 |
VP Exploration |
0 |
0.0% |
Peter Ozorio |
|
|
 |
|
 |
Corporate Secretary |
0 |
0.0% |
Issued 153,865,338 |
Price $0.19 |
Working Capital $1,821,297 |
Story Type Feasibility Demonstration |
Diluted 181,136,588 |
Insiders 29.3% |
As of 9/30/2022 |
Key People Ronald N. Little (CEO), Lance Dyll (CFO), Jeremy Ouellette (VP CD), Don Dudek (VP EX), Shaun Drake (Sec), |
SV Rating: Bottom-Fish Spec Value - as of November 28, 2022: Wolfden Resources Corp started off as a Bottom-Fish Spec Value rated 2020 Favorite at $0.12 on December 31, 2019 and was upgraded to a Good Spec Value Favorite at $0.165 on July 10, 2020 following KRO's publication of outcome visualizations for the polymetallic Pickett Mtn project in Maine. The West and East lenses were discovered by Getty during the 1980's but never developed because the deposit wasn't large enough to develop and further exploration was not pursued as oil companies gave up on the oil sector. After Maine created a new mining code in 2017 Wolfden acquired Pickett Mtn from the logging company that owned it. Wolfden spent 2018 drilling the existing lenses deeper and converting the historic drill data into a 43-101 resource published in January 2019 which boosted the resource to 4,080,000 tonnes of massive sulphide high grade zinc, lead, copper, silver and gold mineralization, just enough to support a 1,000 tpd underground mine with a 10 year life whose three concentrates (zinc, lead and copper) would be shipped to off-site smelters. Wolfden applied to Maine in early 2020 to rezone a 500 acre parcel from logging use to industrial use, a necessary step for a mine permit application. This application required an operating scenario for which Wolfden chose 1,000 tpd; Wolfden is working on a PEA it hopes to release early Q3 of 2020. The KRO 1,000 tpd OV anticipates what a life-of-mine average based DCF model would look like. Run at spot prices, depressed for zinc and lead in 2020 due to the Covid-19 related global slowdown, with a risk adjusted 10.5% discount rate, this OV projects a USD $151 million after-tax NPV with 32.2% IRR, which translates into a future CAD $1.39 target for Wolfden if there is no further dilution. The fair speculative value range for such an outcome is $0.14-$0.35, jumping to $0.35-$0.69 if Wolfden decides to proceed with a PFS after delivering a PEA with an outcome similar or better than the KRO 1,000 tpd OV. But that is the worst case scenario and not the reason why Wolfden is a Good Spec Value Favorite. Wolfden started a 5,000 m drill program in July 2020 whose goal is to expand the existing resource toward a target of 10 million tonnes of similar grade that would support a 2,000 tpd operation with a minimum 10 year mine life. The footprint of the land use rezoning application is large enough to support an operation at that scale. The existing West-East lenses have down-dip room for up to 2 million extra tonnes, so a few holes will be drilled to test the deeper extent of the West Lens and a theory about a second order folding within the deposit that has emerged from detailed relogging of the core. Wolfden will revisit the Footwall Zone, an older VMS horizon whose testing in 2019 was frustrated by drilling problems. The originally flat stratigraphy of this VMS system has been folded repeatedly and the West-East lenses sit within the near vertical eastern limb of an anticline whose axis has been eroded away. The final drill hole of 2019 (PX-001) was lost in stringer mineralization in what would be the footwall of the western limb of this anticline. This hole will be redrilled to see if a massive sulphide lens is present. During 2019 Wolfden did detailed geophysics and soil sampling within a 3 km by 5 km grid surrounding the West-East lenses that revealed new conductors in 4 target areas named A-D. These potential massive sulphide lenses were probably not seen by Getty's geophysics during the 1980's and have never been drilled. Getty was drawn early to the West-East lenses because they have obvious geophysical signatures and a strong geochemical halo. The instant exploration success distracted Getty from chasing more subtle targets. The A-D targets have footprints comparable to the combined West-East lenses, so have room to deliver up to 16 million tonnes of massive sulphides. All we are looking for is 5 million tonnes of satellite zones to boost the resource to 10 million tonnes (2020 drilling will pull the West-East lens resource to 5 million tonnes). The soil geochemistry is very weak above these targets which is due to thicker overburden coverage. So these are geochemically blind targets which would also be the reason Getty never found them. KRO 2,000 tpd OV quantifies the value impact should Wolfden have exploration success during 2020 that boosts the overall resource to 10 million tonnes at the same grade as the existing resource, but processed at 2,000 tpd. The impact would be profound: USD $449 million after-tax NPV and 49.7% IRR at 10.5% discount rate which translates into a future target of CAD $4.12 if there is no further dilution. If Wolfden intersects high grade massive sulphides in these new zones, they would count as new discoveries that kick the market into S-Curve territory which for the 2,000 tpd OV would be a $2.06-$4.12 range. In terms of the rational speculation model such pricing achieved during 2020 would represent poor speculative value, but that will not be our problem. The market will be speculating that Wolfden can scale Pickett Mtn to that of the higher grade Buchans district in Newfoundland for which there is room on the property. But S-Curve speculation will go beyond the current target drilling area. In 2019 Wolfden flew a geophysical survey on a 30 km by 10 km grid covering the same belt of rocks favorable for VMS deposits, rocks last mapped during the 1950's. Most of this area is private land that includes mineral rights and is owned by large timber companies. If the geophysical survey drew a blank beyond the Pickett Mtn property, and Wolfden had no intention of negotiating a deal with the landowners, Wolfden wouldn't include that information about the survey in its corporate presentation. It is reasonable to speculate that some time in 2020 Wolfden will announce a deal that significantly expands its land position. The market's perception is that Wolfden owns a small deposit that maybe can double in size if the 2020 exploration drilling is successful; the stock price does not reflect the possibility of a substantially larger land position capable of hosting multiple VMS clusters that has never been systematically explored. If the current rethink of the existing Pickett Mtn system is expanded to include first pass exploration of a much larger district of similar geology, Wolfden Resources Corp will attract a much broader audience than it currently has. Among the 2020 Favorites Wolfden Resources Corp is an immediate priority for KRO members. |
Hop to this company's People Tree |
Related Party |
Occupation |
Related Since |
Insider |
Director |
Officer |
Capacity |
Ownership |
% |
Kinross Gold Corp |
Public Company |
3/19/2019 |
 |
|
|
|
15,625,000 |
10.2% |
Ewan S. Downie |
Mining Executive |
8/12/2009 |
 |
 |
|
Chairman |
7,540,850 |
4.9% |
Ronald N. Little |
Engineer |
1/2/2018 |
 |
 |
 |
CEO & President |
3,406,667 |
2.2% |
John Seaman |
Administrator |
6/26/2018 |
 |
 |
|
|
434,000 |
0.3% |
Ian Atkinson |
Mining Executive |
6/26/2018 |
 |
 |
|
|
0 |
0.0% |
Greg V. Etter |
Geologist |
6/28/2022 |
 |
 |
|
|
0 |
0.0% |
Altius Resources Inc. |
Public Company |
|
 |
|
|
|
17,325,000 |
11.3% |
Donald Hoy |
Geologist |
6/24/2011 |
 |
|
|
Chief Geologist |
756,000 |
0.5% |
Shaun Drake |
Administrator |
4/23/2010 |
 |
|
 |
Corporate Secretary |
0 |
0.0% |
Don Dudek |
Geologist |
7/3/2019 |
 |
|
 |
VP Exploration |
0 |
0.0% |
Lance Dyll |
Accountant |
8/23/2012 |
 |
|
 |
CFO |
0 |
0.0% |
William J. Fisher |
Geologist |
4/30/2019 |
 |
|
|
Advisory Board |
0 |
0.0% |
Rahim Kassim-Lakha |
Broker |
11/20/2019 |
 |
|
|
Advisory Board |
0 |
0.0% |
Jeremy Ouellette |
|
6/29/2020 |
 |
|
 |
VP Corp Dev |
0 |
0.0% |
Scott Trebilcock |
Engineer |
4/30/2019 |
 |
|
|
Advisory Board |
0 |
0.0% |
|