SolGold Share Price (SOLG)

Roll up , Roll up.

Come one, come all..

Cascabel is possibly the only Tier 1 Copper-Gold asset in the world that is not owned by a global, multi-national mining company.

Quack quack🦆🦆🦆🦆🦆🎯

We'll also know the outcome of the Anglo/BHP situation around wednesday next week. BHP need to make a formal bid by then or clear off.

Whilst I don't think SOLG is crucial to BHP's near term plans, I certainly think SOLG is on their longer term plans. They've publically declared a huge interest in bolstering copper resources / production so not rocket science to see how SOLG fits with them.

Barrick active in Ecuador and Gina R recent foray suggest both think Ecuador is likely to be best bet for copper supplies 4 to 5 years away. When things get tight in Chile, Peru, Brazil, Argentina etc... through M&A / consolidation, then Ecuador is going to be very hot property. No wonder Barrick and Gina (and twiggy) are in there early doors.

The fact we are conserving cash and doing zero exploration suggests that it allows interested parties to pitch offers based on where we are now. If we we're actively exploring and hitting big holes, then it complicates things as valuation moves around frequently etc. I'd have preferred some exploration over last 18 months to help with the long drawn out ENSA discussions but it is what it is and if Bob brings it home... all good.

Yep, agree. And on that note I am logging off for several weeks. GLA

I think that's the long and the short of it Fort. With funding secured and a healthy pipeline of news in the offing, the next few weeks might be the last time to buy this share in single digits. Fingers crossed.

Nedk,

I believe there are some crucial land purchases still ongoing and these can often take longer than thought to get sorted.

The key thing for me is that the tailings/waste plans must be complete subject to land purchases etc which was very important as without it... there would be zero chance of the environmental permit.

In a nut shell... when SOLG has all permits... they are open season to predators and it's clear Bob has a deal/plan to ensure that when news arrives... we have a defense against low balls. Or... like some think... his game of poker is down to the last hand and if someone's playing silly booogers then they'll face losing it to a finance deal if they are not careful.

We are into the final phase of this saga.

It's strong buy from me but remember... finance packages can fail at last minute so not done and dusted btu clearly Noboa wants it to happen so suspect they'll be a few plan B's should one party back out anyway.