Member Info for Damers

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https://solgold.com

Yep Add - I am still of the opinion that the DFS will include greater that 18% of the reserves @ Alpala (esp. considering the higher spot prices). Even an extra 2% will have material impact on the economics.

Lets hope GMining will play a blinder here.

Yep NMM.

Worth noting that Tandayama currently has an estimate of: 722 Mt @0.36% CuEq (indicated) - Alpala has 540Mt @ 0.97 CuEq (reserve).

The TAM PFS & Cascabel DFS will blow the doors off.

Addicknt.

It's hard for us to fathom the scale of this project sat in front of keyboards. I'm not be condescending here, but it's just a fact that 99.9% of us will never truly understand what the impact of multi $billions invested into a 2nd world economy will have.

- Cascabel once in full production will add more than 6% to the GDP of Ecuador.

- Ecuador's biggest ever infrastructure project will be Cascabel.

- There is enough copper in Alpala to feed Global supply for 6 months on it's own.

The CIPA will be signed off within a month.

Https://goldinvest.de/en/are-commodities-now-entering-a-supercycle/

Not a concern at all IMO add.

Addicknt:

CIPA:

4m30s & 23m48s........

https://www.youtube.com/watch?v=OjkVE0amFbw

Morning NMM.

'It is not the 'early 2026' I thought Dan had said in interviews'. Dan did not state this, but: 'next year' for the DFS.

The extend drill programme at TAM (west & north pits) will delay the issue of DFS. DV did state it would be out in '26.

Works is to commence without the DFS & remaining permits, such as surface works and portal decline (which takes 2 yrs).

No new news here.

RNS out - Annual report

'The incident could result in a loss of 270,000 tonnes of copper in 2026, approximately 1.2% of global supply, potentially shifting the market from a previously forecasted surplus to a deficit position'

"only a small factor is needed to tighten this market," especially when two of the world's top copper mines experience problems simultaneously, and "traders will buy first and ask questions later."

'While the Grasberg mine incident poses challenges to the global copper supply chain, it simultaneously enhances the strategic value of SolGold’s Cascabel project. The company is well-positioned to capitalize on the current market conditions, potentially accelerating its development plans and attracting increased investor interest' (ref: book5).

A couple of articles on the subject:

https://www.mining.com/copper-price-spikes-on-freeports-grasberg-force-majeure/

https://news.metal.com/newscontent/103547720/Indonesian-Giant-Mine-Declares-%22Force-Majeure%22-LME-Copper-Posts-Largest-Single-Day-Gain-in-Five-Months.

We just may see a big surge in the SP today. RIP the poor sods who lost their lives.

'Another day and another day of tepid trading. Gold is approaching $4000/oz, historic and unprecedented. We have millions of ounces in reserve just in Alpala and potentially tens of millions in resource across Alpala, Tandayama and even Porvenir. Tandayama open pit is proving to be more gold rather than copper. What is the market missing with SolGold? A company in the same jurisdiction as market darling Lundin Gold, the best gold performer globally this year. Huge endowment with no barriers to trade once built. Strategic endorsement and significant funding interest. The company should be trading a lot better than it is today especially relative to its peers'.

Kudos for touting Solgold as a 'gold play' for well over a year now PS.

Https://www.youtube.com/watch?v=j_LTrn6Wsi0

Lobo Tiggre's big play for '26 is copper. Worth watching the full interview, but 15m20s to 30m 50s most relevant.

Https://www.youtube.com/watch?v=UIC3iX5Bi34

Barrick a front runner?

Https://www.telegraph.co.uk/gift/b8f50c4dcd3efee7

Will we now see a modicum of sense from Government?

Exactly RICH3R - the angst is more than an irritant :-).

It's absolutely bucketing down here - so much for the hope of an Indian summer.

A little something to lift the spirits:

https://www.msn.com/en-gb/travel/news/from-andes-to-amazon-ecuador-in-4k/vi-AA1Mtola?ocid=msedgntp&pc=HCTS&cvid=68c6cc22b6c74081be531f2f58676f96&ei=9

Good article thanks Pbow.

Https://www.linkedin.com/posts/dan-vujcic-44a507225_re-iterating-the-analysis-by-the-informed-activity-7374821497632194560-gCCb?utm_source=share&utm_medium=member_desktop&rcm=ACoAAAo7FVgBUDfMRNrcz6ZA-qliIvWGtfWaRkI