Firering Strategic Minerals: From explorer to producer. Watch the video here.
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Our Nomad, SPAngel suggests another Solg discover will become a mine before Alpala/Cascabel.
https://www.proactiveinvestors.com/companies/news/1002961/today-s-market-view-azure-minerals-blencowe-resources-cornish-metals-and-more-1002961.html
“We suspect one of the other significant exploration discoveries might produce SolGold’s first copper mine given the sheer scale of the Cascabel mining project.”
Thank you Padmaster.
Have you noticed it reports that Solgold are currently working on the BFS.
If it's not a printing error, we now know what the 50 million is being spent on.
I've always said "open pit before block cave"!
I've mentioned many times...Alan Martin's little "wrap around" ;-)
Do people listen?
Indeed Copper you have remained consistent in your views …. A refreshing change.
You may well be right about open pit first , I just don’t think we’ll be the ones doing it. I guess we may even find out one day
Agreed Copporpot many ways to proceed to production.
Just a thought.
They are talking about a faster way to production than Alpala .
Isn't Tandy in Cascabel and isn't the 50 million ring fenced for Cascabel.
I'd just caution re that Proactive release that it's the opinion of the author.
I'd like to think we know SolGold better than they do, and the reality of it is that Porvenir is the only other significant discovery and we can't get a PEA out on that asset.
So either Cascabel isn't coming to production in the next 15yrs or something drastic is about to happen at Porvenir. I doubt it.
John Meyer is sound...and I think they are a shareholder...
With all the radio silence leading up to the inevitable bidding war, it wouldn't surprise me if they had a nugget up their sleeves to ennervate the SP beforehand...
Meyer is not known for idle speculation...
So who knows...?
I don't think it can be Porvenir as we have no money to develop Porvenir.
However we have 50 million to develop Cascabel.
They will be a shareholder as long as they're being paid broker fees in stock, Redknight.
It doesn't remove from the fact they are a broker and they are paid for to promote and trade stocks.
I'm not saying there's necessarily anything untoward taking place but on the balance of all the RNS and company media I don't think we can draw the conclusion that Porvenir has superseded Cascabel in terms of development priority.
We'll see as you say, but it begs the question that if he does know something then how and why does he know it?
Exactly...and are we sure its Porvenir? Not Helipuerto for example...?
And presumably as a 'house' broker they have visited all or most of the prospects?
Gold bouncing today bodes well for solg assets
Yes bubble, everyone is falling over themselves to buy in.
The important bit from Padmasters post
SolGold PLC (LSE:SOLG, TSX:SOLG, OTC:SLGGF)* – Working through the BFS on the humongous Alpala copper mine project in Ecuador.
We suspect one of the other significant exploration discoveries might produce SolGold’s first copper mine given the sheer scale of the Cascabel mining project.
*SP Angel act as Nomad or financial advisor and broker to these companies
Gold flying, copper flying...this hits 18 and says...
Youd have to assume it's being held down...
sags not says...
We're awaiting first drilling at Helipuerto. Surely that would be way behind Porvenir, even if a significant discovery was made?
It would need a couple of years of drilling and I know nobody really wants that...
Why can't people understand that the share price is where it is because .......... THERE IS NO TAKE OVER ON THE HORIZON! In fact there won't be a takeover full stop!
See you in a week or two, better things to be doing with my time.
As usual Copperpot.
The voice of reason.
Yeah you sound like you need a rest copperpot, getting your knickers in a twist like that.
If there is never going to be a takeover like you say, what we gonna do? Just drill forever for no reason?
See you in a week or two. Make it three.
Copperpot….. fairly sure
Warren Irwin
Nick Mather
Bob Sangha
Mining.com etc will appreciate the heads up
My phone keeps logging me out which is a pain because I keep seeing Quady's continuing lies and misinformation about going into production which directly contradicts what was said by a SOLG director in recent interviews.
The guy is dangerous and obsessed.
DBW I got the feeling a while back that copperpot sold up.
Seanhunter your the one telling lies.
First of all not me saying we are going to production. It's SP Angel . Try reading,
Next Copperpot has not sold up ( he is one of the knowledgeble posters on here), by my reckoning he's holding about twice my own holding.
Suggest you stop spreading lies and off you trot to your beloved Slug.