CTM’s many avenues to growth, page-49

Dundee are serious professionals and, like Sprott Capital Partners only choose to become involved in a project if it passes the preliminary pressure test and follow strict de-risking criteria. An insight into their philosophy is worth reading and certainly is relatable back to just where CTM are along its timeline.

http://www.dundeegoodmanmerchantpartners.com/investments/investment-philosophy/default.aspx

“As mining investments are long-term investments, our investment philosophy is dedicated to the concept of long-term committed capital. Gone are the days of short-term investment vehicles (e.g. mutual funds and hedge funds) funding long-term projects such as mines. As each level of de-risking cannot be expected to produce a higher stock price, proper returns in the mining sector come as a by-product of committing capital for a longer period of time.”

”The proper de-risking of a project to an operating mine has many layers, with value being added at each stage. Small companies need capital to advance through each phase of the de-risking process. Additionally, these companies benefit from advice and experience in successfully navigating the political, social and technical challenges that may be encountered.”

”Producers will pay large premiums for future mines, but they require the junior company to fully de-risk the project first. Therefore, the junior will have to provide a shovel-ready project. All technical studies must be complete, all permitting must be complete, and a social license must be in place. Our objective is for the premium to accrue to our clients.”

So imo the following paragraph from the CTM cap raise announcement follows hand in glove when read within the context of the above paragraph...

“Following the raise, the Company will emerge with a very strong balance sheet with approximately $30 million in cash reserves and no debt. We will be able to pursue a twin-pronged strategy of aggressive resource growth and exploration at Jaguar in parallel with development, permitting and mining studies on the already globally significant Mineral Resource.” Sounds like they’re getting it “shovel ready” to me.

This article references both investor groups...

https://thedeepdive.ca/the-greats-canadas-notable-mining-financiers/

”For mining exploration investors it is helpful to understand which financier or financial entity is providing the financing for the deal. Today, any deal that has the Sprott/Cormark, Dundee/Goodman, Friedland/Ivanhoe, or Canaccord names involved carries a certain level of credibility with it. The same is true of other, lesser known financial firms. Their companies thoroughly vet any deal they are involved with and try to de-risk as much of it as is possible.”

So either Sprott or Dundee alone involved in a project is an excellent sign for investors, when they are in together on the same play, well, that’s even better...