The midterm elections in the U.S. are mostly behind us — with the exception of a few recounts — the end result will be more gridlock until at least 2020.
How will that affect the junior resource space we speculate in? It means there will be very little the two corrupt parties agree on, with infrastructure being the possible exception.
Infrastructure is necessary, brings good-paying jobs to people who need them, and is a way for both parties to fill up their individual and collective (state) coffers.
That is good for copper.
Altus is a London (LON: ALS) and Toronto (TSX-V: ALTS) listed, diversified and Africa focused mineral exploration project generator. Through our subsidiaries we discover new projects and attract third party capital to fund their growth, development and ultimately exit optionality. This strategy enables Altus to remain focused on the acquisition of new opportunities to be fed into the project generation cycle and aims to minimise shareholder dilution. Our business model is designed to create a growing portfolio of well managed and high growth potential projects and royalties, diversified by commodity and by country. Altus currently has eighteen projects in six commodities across six countries. We aim to position our shareholders at the vanguard of value creation, but with significantly reduced risks traditionally associated with investments in the mineral exploration sector.