Who Is Greg Chamandy and the Deluce Family?

Most NIA members know who Frank Giustra is because of our success with Lithium-X, Hive Blockchain, Fiore Gold, and Aris Mining (TSX: ARIS).

But who is Greg Chamandy and the Deluce Family? If you live in Canada, you most definitely know who they are. If you live in the U.S., you probably don't.

Greg Chamandy is the Founder and Former Chairman & CEO of Gildan Activewear (TSX: GIL) an $8 billion market cap company. GIL is one of the world's largest vertically integrated apparel manufacturers. He also served as Executive Chairman of Richmont Mines, which got acquired by Alamos Gold for $933 million.

The Deluce Family owns Porter Airlines, which is Canada's third-largest domestic carrier behind WestJet and Air Canada (according to Cirium flight data).

They have all invested into Abitibi Metals Corp. (CSE: AMQ), which announced polymetallic drill results this morning for new drill holes located 500m west of the main high-grade B26 Polymetallic Deposit in a brand-new expansion area known as “Satellite West” previously unexplored by historical drill holes and not contributing towards the historical resource estimate of 11.4 million tonnes at just under 3% copper equivalent.

Assays from 30 drill holes are currently pending and AMQ said this morning, “We look forward to releasing additional drill results over the coming days.”

AMQ said this morning that pending drill hole 1274-24-339, intercepted a 106.5 metre interval beginning at 83 metres depth with copper mineralization concentrated in separate 0.4 to 4 metre bands with 10% to 60% chalcopyrite.”

Chalcopyrite is the most common source of copper and often contains a high percentage of copper.

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has received compensation from ARIS of US$50,000 cash for a six-month marketing contract. NIA has received compensation from LFG Equities Corp. of US$30,000 cash for a three-month AMQ marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.