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Consolidated Rock Holding Company

Consolidated Rock Holding Company

Consolidated Rock - Investment Holding Company of Sultan Ameerali

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A quick note on illiquid mining stocks

September 21, 2025

A run in the share price for CBG based on almost zero trading volume.

I couldn’t sell even if I wanted to. As my investment process and bankroll evolve, CBG and Vulcan Minerals are not positions I would buy today. My preference is for illiquid positions outside the mining sector and without any cash burn at all. That said, Vulcan (Great Atlantic 3% NPI and ~30% ownership in Atlas Salt) and Chibougamau (2% GMR on the Mont Sorcier iron deposit) are worth multiples of their current market caps.

Filed Under: Investment Ideas Tagged With: Atlas Salt, Chibougamau Independent Mines, Royalties, Vulcan Minerals

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  • Mayfair Gold and Star Royalties
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Investor. Don’t buy any stock because I mentioned it. Boxer, award-winning reporter, author in a different life. Ex-BNN, 680News, CTV News etc

SultanAmeerali
Retweet on Twitter Sultan Ameerali Retweeted
ronalfa Ron Alfa @ronalfa ·
16 Jan

Closing off JPM26 it can only be concluded that 2026 kicked off as the year for bio x ai.

@NOETIK_ai <> @GSK $50M FM licensing DEAL
@boltz_bio <> @a16z <> @pfizer Seed Launch + DEAL
@chaidiscovery <> @EliLillyandCo huge FM licensing DEAL
@proximabio <> @DCVC Seed Launch

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sultanameerali Sultan Ameerali @sultanameerali ·
14 Jan

Someone tell Buffett.
All that time spent reading the Moodys manual at the library makes him a fuckwad, because he had opinions about stocks he didn’t own. The man is 95 … so many opinions on stocks he didn’t own over the years … so much fuckwadery.
He should change his name

T-1000 @bombatours

@SultanAmeerali @WitteWitte30 @jtourzan @real_MikeBarnes Keep it to yourself fuckwad and go post about something that affects your account. Instead of moping around because you blew your load too early.

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miningstockedu MiningStockEducation @miningstockedu ·
14 Jan

Dive deep into the world of mining royalties with Brian Dalton, CEO of @AltiusMinerals in this MSE episode.

Discover insights on the evolving royalty sector, contrarian opportunities, and why Altius acquired Lithium Royalty Corp.

Also, find out why $12/lb. Copper is on the way.

Reply on Twitter 2011407365229228231 Retweet on Twitter 2011407365229228231 4 Like on Twitter 2011407365229228231 20 Twitter 2011407365229228231
sultanameerali Sultan Ameerali @sultanameerali ·
12 Jan

I liquidated these $GROY warrants for a 75% gain. I could tell you my gold exposure is too high and that would be true, but I am getting married (again) at the end of the month.

Catering, centrepieces, clothes and honeymoons - among other things- don’t pay for themselves.

Sultan Ameerali @SultanAmeerali

I got filled on another chunk of $GROY warrants below $1.60. I'll keep buying as long as they're sitting in this range.

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notoriousbaggie uncle baby billy @notoriousbaggie ·
12 Jan

@ClassicValueInv @chamath I'd rather soak my nuts in vinegar and salt then run them over a cheese grater than own that permitting nightmare located in the heart of Sinaloa cartel territory that has A FUCKING RIVER RUNNING THROUGH IT.

Reply on Twitter 2010540304601141635 Retweet on Twitter 2010540304601141635 2 Like on Twitter 2010540304601141635 46 Twitter 2010540304601141635
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Recent

  • A quick note on illiquid mining stocks September 21, 2025
  • Mayfair Gold and Star Royalties September 21, 2025
  • Portfolio updates September 15, 2025

Recent

  • A quick note on illiquid mining stocks
  • Mayfair Gold and Star Royalties
  • Portfolio updates

Categories

  • Substack Newsletter
  • Mining Stock Education interview – August 2025
  • Value Hive Podcast – July 2025
  • Mining Stock Education Interview – April 2025
  • TD Direct Investing Webinar
  • Mining Stock Education Interview – Aug 2023
  • Globe B2B Marketing Panel
  • Seeking Alpha

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