Capella Minerals Ltd. – Symbols (TSXV:CMIL) & (OTC: NWDMF) Brand new company with lots of cash and seven different assets, details are below. Based on information from Sedar(Audited Info, formally known as New Dimension Resources), Stockwatch and their website: http://www.capellaminerals.com/ Price: $0.08 CAD & $0.0545 USD Common Shares Outstanding: 137,523,077 Cash On Hand: $2.5 Million Market Cap: $11 Million Total Insider/Institutional Holdings: 30% or 41,256,923 – See Presentation for verification Current Free Trading Retail Float: 43 million shares. 60 million placement shares are restricted and will not be free trading until mid-January 2021. November 9th Company Presentation: https://capellaminerals.com/site/assets/files/5553/2020_11_9_capella_corporate_presentation.pdf November 10th CEO Interview: http://www.kereport.com/2020/11/10/...ocus-on-scandinavian-and-canadian-properties/ Capella Minerals has 7 different assets which allows for numerous ways to increase shareholder value: 1)Joint Venture With Yamana Gold(YRI.T) – Capella Minerals owns a 30% stake in a very advanced gold project, located in Manitoba, Canada. Their partner is a globally well known large cap gold producer who is taking this project very serious. As per Yamana’s last discussion notes “The Company recently signed an exploration agreement with the Bunibonibee Cree Nation (“BCN”) that provides a framework for a cooperative, mutually respectful agreement supporting the advancement of exploration within the Traditional Territory of the BCN while providing employment and business opportunities to the BCN. Planning is underway to guide the consultation process for an initial field program in the fourth quarter and an aggressive exploration effort in 2021. An update on Yamana's generative exploration projects is expected in the fourth quarter. “ 2)Joint Venture With Ethos Gold(ECC.V) – Capella Minerals has optioned it’s 100% owned Ontario, Canada gold project to Ethos Gold, a company that recently raised several million dollars to work on this asset and some others. In exchange for 70% of the project, Ethos Gold must issue 8 million shares over 3 years, along with $200,000 in cash and $2 million in work commitments. They will not get 70% of Savant Lake unless all requirements have been fulfilled. 3)100% Owned Southern Gold Line property in Sweden - This is already a well established area that has producing mines and can allow for more accurate drilling in the near future. Main commodity being looked for is gold. To be drilled in early 2021, please see company interview. 4)100% Owned Lokken VMS Property in Norway – Copper/Silver/Zinc/Gold area, this property literally encompasses an old producing mine. Therefore, it is in advanced stages and odds of successful drilling is quite high. To be drilled in early 2021, please see company interview. 5)100% Owned Kjoli VMS Property in Norway – Similar to the property mentioned above, this lease has numerous small scale mines that already operate around it. Once again showing that the area is rich in metals and odds of success are increased because this is not virgin ground. To be drilled in early 2021, please see company interview. 6)Joint Venture With Austral Gold(AGLD.C) – This deal was closed last month, basically selling 80% of Sierra Blanca to Austral Gold for $800,000 in cash and work commitments. Capella only owns 20%, which can be bought for $2.3 million in cash and work commitments. See October 13th news for more information 7)Asset sale to Cerrado Gold – Announced October 28th, this is the most recent news. Capella Minerals has sold two properties to Cerrado Gold( www.cerradogold.com ) in exchange for $50,000 cash and $2.25 million worth of Cerrado gold shares. This company will be publicly listed by the end of 2020, they are using the shell company BB1 Acquisitions Corp (BBA.P) to put the asset in. Summary: When you combine what Ethos Gold, Austral Gold, and Cerrado gold are giving in value, this is worth several million dollars, not including the current cash on hand. Then you have upside potential in all 7 assets, which means that Capella Minerals is for sure trading below it’s actual value and should have a current market cap of at least $20 million for fair value. So this is basically trading at a 50 % discount.
Interesting history on Domain Lake, this is the JV between Yamana Gold and Capella Minerals: So Rolling Rock hit some good grades in 2008, then they were acquired by Mega Precious Metals in 2010, which was when acquired by Yamana in 2015 and the property is still being worked on today. https://www.manitoba.ca/iem/geo/gis/activity/yamana_gold_inc_domain_oxford_lake.html https://www.benzinga.com/press-rele...nd-rolling-rock-announce-business-combination https://ca.proactiveinvestors.com/c...ga-precious-metals-for-175-million-61151.html
CRUX Investor Interview With CMIL.V CEO - Eric Roth Interview with Eric Roth, President & CEO of Capella Minerals (TSX-V:CMIL) If you want our take on this interview and Capella Minerals, go to https://cruxinvestor.com/club This is the ex Mariana Resources team hoping to replicate some of the success of the past. There are a lot of moving parts, but the company has spent some time to finding partners. Their Argentinian projects have been sold and they have JV with Ethos Gold on their Ontario project and Yamana Gold on Domain Project in Manitoba. Focus is now on a gold project in Sweden and Copper Gold projects in Norway. Perceived jurisdictional risk of working in Argentina has gone. There are several success stories in Scandinavia and Capella will be hoping to cash in on that and get noticed. Roth talks about drill programmes, cash requirements and partnerships. Roth tells us how they picked up assets from EMX Royalty and what their obligations are. We also discuss how they are allocating the $3.3M recently raised. If you want to hear what we think of the company go to cruxinvestor.com/club where you can also get summaries of all our interviews (to save you time); Company Reports, exclusive insight on various macro trends in commodities, early access to our company interviews (stay ahead of the crowd); and a thriving community of intelligent investors sharing thoughts and ideas (but without the vitriol and trolling). Think Twitter meets Netflix. 0:00 - Introduction 2:04 - Company Overview 3:03 - A Winning Formula? Team Experience & Track Record 7:57 - Business Plan & Model: Why Look at Scandinavia? 9:33 - Domain Gold Project: Commitments, Plans, & Terms with Yamana Gold 17:02 - Savant Lake Project: Plans & Terms with Ethos Gold 20:05 - Perspectives & Assets in Scandinavia 24:28 - Recent Raise of $3.6M & its Allocation 28:58 - Remuneration & Management Shareholding 30:54 - Argentinian Project & the Austral Agreement 32:40 - Excitement & Expectations: What's Next for Capella? Company Page: https://capellaminerals.com/
Cerrado gold breakdown and where Capella Minerals can benefit: BBA.P Float – 45,605,403 / 8.31 (rollback amount) = 5,488,014 BBA.P Halted Price - $0.05 X 8.31 (rollback price) = 41.55 cents Cerrado Gold Company Presentation – 55,453,780 Shares (Private) November Private Placement - $25 million(price not announced) Assuming same price as rollback Placement Shares(Estimate) $25,000,000 / $0.41 = 60,975,609 Capella Minerals Share Holdings(Estimate) based on $2.25 million at raise price CMIL Holdings: $2,250,000 / $0.41 = 5,487,804 Estimated common shares without options or warrants: BBA.P(5,488,014) + Cerrado Gold (55,453,780) + Nov PP(60,975,609) + CMIL(5,487,804) = 127,405,207, lets round to 127.5 million for sake of ease Estimated revenue from their November company presentation: https://c0fa6392-d308-44dd-a6f0-35d...d/c9f131_6af33570b7fc4c99b47de9b4244869a1.pdf Page 5 information: NPV of $432 million USD @ $1550oz USD, today gold is at $1800. Estimated production of 45,000 to 55,000 ounces of gold per year with a AISC of $900 to $1100 per ounce. For low estimates, lets use their $1550 price and lower output of 45,000 ounces and a AISC of $1100: $1,550 - $1100 = $450 net income per ounce X 45,000 ounces = $20,250,000 USD Estimated net income for 2021. Estimated earnings: $20,250,000 / 127,500,000 = $0.1588 or $0.16 USD (convert to CAD) X 1.30 = $0.208 or $0.21 earnings per share, estimated at low output. Compare this to a similar producer like F.V(Fiore Gold) who produced 46,000 ounces of gold in it’s fiscal year and earned close to $9 million USD with a float of 99 million shares, it trades around $1.50 CAD. Estimated target price for Cerrado Gold (CER) should be around the $2 mark, assuming a minimum gold producer multiple of 10 times. How does it affect Capella Minerals? The company should technically be holding over $10 million dollars in stock value by the end of 2021, large than the current market cap and not taking into consideration it’s current cash position, 6 projects being worked on, or the millions of shares held in Ethos Gold. Again, this is all an estimate until we get the actual placement numbers, which should be out anytime. Secondary Note: Cerrado Gold will have a webinar on December 8th 2020, those that wish to listen to this, join up here - https://www.redcloudfs.com/rcwebinar-cer/
Out today, Crux interview with Cerrado Gold. As per Capella Minerals(previously New Dimension Resources) news release from October 28th, CMIL.V will own $2.25 million worth of stock in this company in exchange for selling their Argentina subsidiary. What's surprising about this is they are listing around $2, compared to the shell that has a rollback price of only 42 cents. But this is only 5.5 million shares of the entire float and the shell had a good amount of cash in it. November 28th Crux Interview With Cerrado Gold: Interview with Mark Brennan, CEO of Cerrado Gold A private company chasing gold in Argentina and Brazil. Looking to go public in soon. We talk through the management teams relevant experience and successes of the past. So what's it like doing business in Argentina and how do they expect to grow that asset. Same questions asked for Brazil. Brennan runs through their business plan and maps out the sequence of spend and production and where they expect to spend their time and money. It's an ambitious plan, but they have delivered and monetised successive so they are confident in their abilities. Take a look at their presentation https://www.cerradogold.com/investors and look out for the imminent IPO. The suggestion from Brennan is that the company will list at $140M and at around $2. If you want to hear what we think of the company go to cruxinvestor.com/club where you can also get summaries of all our interviews (to save you time); Company Reports, exclusive insight on various macro trends in commodities, early access to our company interviews (stay ahead of the crowd); and a thriving community of intelligent investors sharing thoughts and ideas (but without the vitriol and trolling). Think Twitter meets Netflix. 0:00 - Introduction 1:01 - Company Overview 1:30 - Team Experience & Background 3:39 - Total Money Spent So Far 5:13 - Minera Don Nicolas, Argentina: The Plan, Timing, & Money Required 12:29 - Exploration Targets & Data Inherited 14:09 - Upside for Investors & Value of Asset 16:36 - Risks & Potential Problems: Mining in Argentina 28:37 - Monte Do Carmo, Brazil: The Plan for the Asset 35:54 - IPO in December: Discussing Timing, Investors, & Exchange
Eric Roth picked up another 130,000 shares yesterday. He already owns over 7% of the float, so it's encouraging to see him adding shares. Once we get rid of this old pp seller, it will move up fast. Also, BBA approved the Cerrado Gold transaction late yesterday: BB1 Acquisition receives conditional OK for Cerrado QT 2020-12-02 20:34 MT - News Release Mr. Stephen Shefsky reports BB1 ACQUISITION CORP. ANNOUNCES UPDATE TO QUALIFYING TRANSACTION WITH CERRADO GOLD INC. The TSX Venture Exchange has conditionally approved its proposed business combination with Cerrado Gold Inc., which will constitute the corporation's qualifying transaction pursuant to the policies of the TSX Venture Exchange, as such term is defined in TSX-V Policy 2.4 (Capital Pool Companies). BB1 is also pleased to announce that the Toronto Stock Exchange has conditionally approved the listing of the shares of the resulting issuer (as defined below) on the TSX, subject to the completion of the transaction and the resulting issuer meeting certain TSX listing requirements. Upon completion of the transaction, the resulting issuer's shares will be listed on either the TSX-V or the TSX. BB1 and Cerrado have entered into a business combination agreement, effective Nov. 29, 2020, to complete the transaction pursuant to which the corporation intends to complete a three-cornered amalgamation with Cerrado, and upon completion of the transaction, the combined entity will continue to carry on the business of Cerrado. Assuming all conditions to the closing of the transaction are satisfied, the company and Cerrado anticipate closing the offering (as defined below) and the transaction on or before Feb. 23, 2021. In due course, the parties will issue a further press release announcing the date on which the transaction is expected to close and the common shares of the company will resume trading. Results of annual and special shareholder meeting BB1 is pleased to announce that its shareholders approved all resolutions brought before them at the corporation's annual and special meeting of shareholders held virtually on Nov. 23, 2020, including the approval of all matters relating to the proposed transaction. Filing statement In connection with the transaction, the corporation has filed a filing statement dated Nov. 29, 2020, with the TSX-V and on SEDAR. Additional information in respect of the transaction and Cerrado is available in the filing statement. Concurrent financing Further to BB1's press release dated Nov. 3, 2020, Cerrado intends to complete a brokered private placement of subscription receipts. Under the terms of the TSX-V conditional approval for the transaction, the offering is subject to Cerrado raising minimum gross proceeds of $10-million, up to a maximum of $25-million. Each subscription receipt shall be issued at a price of $2 per subscription receipt. Additional details with respect to the offering are available in the filing statement. About BB1 Acquisition Corp. The corporation is incorporated under the Business Corporations Act (Ontario) and is a capital pool company listed on the TSX-V. The corporation has no commercial operations and has no assets other than cash. For further information, please see the final prospectus of the corporation dated Oct. 5, 2018, filed on SEDAR. Filed 2020-12-03 04:38 Tx date 2020-12-02 $CMIL Capella Minerals Limited Roth, Eric 4 - Director of Issuer, 5 - Senior Officer of Issuer Holder: RL360 (Indirect Ownership) Common Shares 10 - Acquisition or disposition in the public market $2,535 +31,300 vol $0.081 each Filed 2020-12-03 03:35 Tx date 2020-12-01 $CMIL Capella Minerals Limited Roth, Eric 4 - Director of Issuer, 5 - Senior Officer of Issuer Holder: RL360 (Indirect Ownership) Common Shares 10 - Acquisition or disposition in the public market $7,299 +100,000 vol $0.073 each
Yamana news out and it mentions Capella Minerals. Drilling will start early 2021. See below: https://www.globenewswire.com/news-...Lavra-Velha-Monument-Bay-Borborema-and-A.html The Domain project, located near Oxford Lake in northeastern Manitoba, is a large 20,000-hectare property package consisting of two unexplored mineral exploration licences 100%-controlled by Yamana, and three smaller claims held under a joint venture agreement with Capella Minerals Ltd. The property is considered to be highly prospective for iron formation-hosted gold deposits and has returned a number of drill intercepts with significant gold grades from a limited area of drilling within the joint venture claims. The larger land package has magnetic anomalies and limited arsenic-in-till anomalies that indicate potential targets for further iron formation-hosted gold as well as shear zone type gold targets. In July 2020, Yamana entered into an Exploration Agreement with Bunibonibee Cree Nation to develop a cooperative and mutually beneficial relationship relating to mineral exploration within the Traditional Territory of Bunibonibee Cree Nation. Yamana is in the planning stages of a work program for the property, and pending conclusion of community consultation and permitting, exploration work is anticipated to begin in early 2021.
Capella Minerals December 2020 Company Presentation: https://capellaminerals.com/site/assets/files/5553/2020-12-capella-cp.pdf Lots of new information including timelines, pictures, data on each property, and also mentions that EMX will own 10% of cmil, so institutional/insider ownership is increasing. The only thing it does not talk about yet is Cerrado Gold stock and more information on our 20% Sierra Blanca property where AGLD.C has to spend $800,000 to earn 80%.
CMIL hit a 52 week high this week and insiders/institutions are continuing to add. RBC has purchased over 15 million shares from one group over the last few months and there's only 47 million retail available right now. On top of that, the CEO Eric Roth has also been adding to his position. See below: https://ceo.ca/api/sedi?insider=&sy...ction=&amount=&undefined[company_symbol]=CMIL Filed 2020-12-22 14:34 Tx date 2020-12-22 $CMIL Capella Minerals Limited Roth, Eric 4 - Director of Issuer, 5 - Senior Officer of Issuer Direct Ownership Common Shares 10 - Acquisition or disposition in the public market $3,905 +35,500 vol $0.11 each 6,899,702 Older filings Filed 2020-12-09 04:32 Tx date 2020-12-08 $CMIL Capella Minerals Limited Roth, Eric 4 - Director of Issuer, 5 - Senior Officer of Issuer Holder: RL360 (Indirect Ownership) Common Shares 10 - Acquisition or disposition in the public market $4,500 +50,000 vol $0.09 each 294,813 Filed 2020-12-09 04:28 Tx date 2020-12-04 $CMIL Capella Minerals Limited Roth, Eric 4 - Director of Issuer, 5 - Senior Officer of Issuer Holder: RL360 (Indirect Ownership) Common Shares 10 - Acquisition or disposition in the public market $5,011 +62,647 vol $0.08 each 244,813 Filed 2020-12-04 06:35 Tx date 2020-12-03 $CMIL Capella Minerals Limited Roth, Eric 4 - Director of Issuer, 5 - Senior Officer of Issuer Holder: RL360 (Indirect Ownership) Common Shares 10 - Acquisition or disposition in the public market $1,799 +22,210 vol $0.081 each 182,166 Filed 2020-12-03 06:38 Tx date 2020-12-02 $CMIL Capella Minerals Limited Roth, Eric 4 - Director of Issuer, 5 - Senior Officer of Issuer Holder: RL360 (Indirect Ownership) Common Shares 10 - Acquisition or disposition in the public market $2,535 +31,300 vol $0.081 each 159,956 Filed 2020-12-03 05:35 Tx date 2020-12-01 $CMIL Capella Minerals Limited Roth, Eric 4 - Director of Issuer, 5 - Senior Officer of Issuer Holder: RL360 (Indirect Ownership) Common Shares 10 - Acquisition or disposition in the public market $7,299 +100,000 vol $0.073 each 128,656 Filed 2020-11-26 06:00 Tx date 2020-11-23 $CMIL Capella Minerals Limited Roth, Eric 4 - Director of Issuer, 5 - Senior Officer of Issuer Holder: RL360 (Indirect Ownership) Common Shares 10 - Acquisition or disposition in the public market $1,228 +14,287 vol $0.086 each 28,656 Filed 2020-11-26 05:59 Tx date 2020-11-18 $CMIL Capella Minerals Limited Roth, Eric 4 - Director of Issuer, 5 - Senior Officer of Issuer Holder: RL360 (Indirect Ownership) Common Shares 10 - Acquisition or disposition in the public market $1,293 +14,369 vol $0.09 each 14,369
I am hesitant to buy stock in companies that basically only have "calculated" assets. Sure somebody has to explore, but in the end those assets aren't usable unless somebody digs them up and then it needs to be processed. One that I have bought however is Fortune Mineral. While they really haven't started any mining, they have at least built an access road and are honoring their commitments. I figure they wouldn't have done that just to try to pump up the value of their properties as that money could have been spent on more drill holes. In essence, they are not just talk, but also action. Capella Minerals so far seems to be just drilling holes and announcing the value in the ground. I am long First Cobalt, Abcourt Mining, Fortune Minerals, and Jervois.
STI, I totally understand your point and I usually like more advanced projects myself. But CMIL is a multi tier catalyst play because they have the funds to work on 6 different properties with 3 different joint venture partners. Along with that, they also own positions in Ethos Gold and Cerrado Gold. Each property being worked on has the potential to be a catalyst and bring shareholder value. If multiple results turn out good, especially since these are well known mining areas, then it accumulates into a bigger move. Cerrado Gold is a cash flow monster and low cost producer, CMIL will have over a million shares. So seeing that go up can bring much liquidity and value as well. All that being said, this year POR, KGC, MTH have been multi baggers for me and I still think CMIL is better than the three of them combined. But it really depends on what you're looking for. I like to buy stocks where I can get at minimum a 50% ROI in less than 4 months. That's really not easy to do, but it worked over and over this year. Then I sell my cost in the stock and let the free shares continue to go.
Dude, I like your approach. I prefer a longer term commitment. I will however look into CMIL some more. Thanks.
No problem, and I will check out your plays as well. Abicourt looks promising because they actually generate revenue and I think once the US stimulus gets passed(first and second tier) we should see gold well over $2k and producers will get the premium boost from that.
