I am very pleased to see this very exciting and significant development for the Los Azules Copper Project and personal support by Rob McEwen of the newly created McEwen Copper,” stated Kirill Klip, TNR’s Executive Chair. “It’s very encouraging to see the personal commitment from Rob McEwen to advance the rapid development of this giant copper, gold and silver deposit in an appropriate corporate structure which will allow financing and further development of the Los Azules Copper Project.
TNR Gold holds a 0.36% NSR royalty on the entire Los Azules project containing copper, gold and silver metals. TNR Gold does not have to contribute any capital for the development of the Los Azules Copper Project. The essence of our business model is to have industry leaders like McEwen Mining as operators on the projects that will potentially generate royalty cashflows to contribute significant value for our shareholders.”
I would like to share with you today this video with Rob McEwen presenting McEwen Copper. Now you can better understand the magnitude of the giant Los Azules Copper, Gold and Silver Project and its place among other copper projects in the world.
Rob McEwen gives a very clear picture of enormous copper price leverage for Los Azules. The main message from Rob: "Get ready for the coming tsunami of inflation. Buy gold, silver and commodities." You have to listen to Rob himself about the future of copper and electric cars which are driving Tesla Energy rEVolution.
McEwen Copper has just reported about Rob McEwen investment of US$40 million of his own money. Now the project will be moving fast forward with the 53,000 (!) meters of the new drilling program and all year round access which will be provided by the new road. This giant project can, hopefully, grow even larger and we can expect a lot of news for TNR Gold coming from Los Azules in the months to come. The most important message from Rob today: "The Argentian government is keen to see this project put forward".
TNR Gold is plugged into Tesla Energy rEvolution with our NSR Royalty Holdings in Lithium on Mariana Lithium under Ganfeng Lithium Operation and in Copper, Gold and Silver on Los Azules Project with McEwen Mining. We do not have to contribute any capital for the development of these giant projects and TNR Gold can appreciate all upside in the prices of the metals containing in these projects, growth of resources and improved extraction technologies. This is what I personally call "The Real Option On The Tesla Energy rEVolution Without Time Decay".
Chart by NorthStar
The entry point of any of your investment decisions will define the probability of their success. Only sometimes ruthless Mr Market can provide to the smart investors the opportunity to use The Time Machine - when you can find a unique entry point into the investment Story when you are buying the better business at the better price. Only you can find this unique investment opportunity for yourself.
"In order to better understand my discussion about the Mr Market's Time Machine and "the unique entry point in the companies with a better business being on sale at a better price" you should study deal on Taca Taca Copper NSR Royalty and run some numbers applicable to Los Azules:
"TNR Gold receives a very good valuation benchmark for our Royalty Holding on the entire giant Los Azules Copper Project which is being developed by the legendary Rob McEwen. All our long-term followers remember that McEwen Mining was stating in their news releases that "Taca Taca serves as a good proxy for the value of Los Azules".
McEwen Mining Chairman, Chief Owner and CEO Rob McEwen said: "With First Quantum acquiring Lumina Copper and their Taca Taca project, Los Azules moves to the forefront in terms of world-class, undeveloped, high-grade copper assets not owned by a major mining company. As we have said in the past, Taca Taca serves as a good proxy for the value of Los Azules and we believe this transaction demonstrates value in projects located in Argentina."Now deal by Nova Royalty provides all our devoted followers with more information to crunch the numbers and arrive at their own conclusions about the potential valuations for TNR Gold. Below you can find more information for your own research."
Now it is time for you to make your own research and find out why NovaGold is holding its stake in TNR Gold. I am the largest shareholder of our Company and have participated in all TNR Gold private placements. Other insiders have joined me and now all insiders and NovaGold are holding a major stake in our Company.
Chart by Nicholas Winton
On the links below you can find more information about copper, TNR Gold and how we are building The Green Energy Metals Royalty and Gold Company. Stay safe and prosper. Join in the rEVolution.
Please read my legal disclaimer. There is NO investment advice on any Kirill Klip feeds and blogs. Always consult a qualified financial adviser before any investment decisions.
Do Your Own Research.
TNR Gold Royalty On Los Azules Copper With McEwen Mining: "Copper Supply Needs To Double By 2050, Glencore CEO Says"
Reuters reports that Rob McEwen's plans to put the giant Los Azules Copper, Gold and Silver Project on the fast lane of development towards our electric future are getting industry-wide support and understanding. Copper becomes Gold during The Switch and Energy rEVolution.
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