Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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Hi Swanley
Most of the 'outside' projects have been for sale for 3.4 years now...no takers...and the Cadastre doesn't reopen until 2025...
We have no money... we need to prove how its gonna happen.... too many false dawns and empty promises over the years.
When financing is proven and in place, and the SR results announced, the markets will take Solgold more seriously..
Super tier 1 potential based on today news and all we get is 4% rise so far and probably even less finish......
Mind boggles.
Sorry yes! 6.25km squared this new find
A heck of an area and could be full of these rich nuggets
1984 I think you mean km 2, 50m2 is the size of my house !
"Question is... has Bob worked out a plan or monetisation event that sees one or two blocks around Alpala sold off or JV'd for exploration free carry etc." Exactly this, he must have an idea of fair value of these other tenements, despite not being proven up. I'd love to know what price/share they'd let them go for, in the event of a sale of SolG, rather than just a hiving off of Cascabel. They don't want to sell themselves short, especially on the scale/size of some of these other tenements.
Maybe we can have a whip round, come on Solgold think of something smartish lol
Cascabel or Alpala is surrounded by SOLG's other licence blocks north, east, west and south but some are further afield circa 30clicks rather than literally next door ... 8 clicks. Remember 'Varela'? Throw in the recent interest from Gina R and hey presto you have the hornets circling the bees nest and honey pot.
Question is... has Bob worked out a plan or monetisation event that sees one or two blocks around Alpala sold off or JV'd for exploration free carry etc.
Sometimes you don't have to play around with the main asset to rough up the likes of BHP and co.... all you need to do is start adding other parties to the potential pie but via bordering licence blocks... that's enough to really stir the pot.
Somethings cooking as too much activity of late in Ecuador which is happening at a time when the country is apparently high risk or higher risk due to recent gang land issues. Just shows how 'intent' the super miners are right now. Bodes well doesn't it?
Indeed, lipstick has been put on the pig, the new PFS flashed a fair bit of leg and Blanca is like pushing the lingerie to one side for a peek
We are up for sale
I don't think they've got the cash right now to drill. I think what they're doing is trying to add value to other tenements so that they can increase value for a sale. IMO.
Well all I can say is get bloody drilling, this is a major bit of info and fk all happens, it’s just mental
Atb
2.5 x 2.5 = 6.25sq metres
The whole of the cascabel project is 50m^2
Alpala is within that project area
The scale is mindboggling...
"Exploration identified a significant porphyry target at El Cielto Norte covering approximately 2.5 x 2.5 km and is greater in extent than the Alpala system to the south at the Cascabel Project......Recent and historic exploration at the Blanca-Nieves Project, immediately north of the Company's Cascabel Project, has identified a widespread epithermal gold and silver precious metal field which covers more than 80 square kilometres...."
""greater in extent than the Alpala system...80 square kilometres..."