Ecuador's El Dorado26 Oct 2019 20:56
From the latest Money Week: London-listed SolGold (LSE: SOLG), the only UK-listed Ecuadorian pure play. The firm’s main target is 85%-owned Alpala, which it expects to turn into an operating mine by 2024. But it also has the most extensive exploration portfolio in the country with 11 more targets identified, of which the company expects five more to become mines.
If you do decide to invest you’ll be in good company, as majors BHP Billiton and Newcrest have already bought big stakes in SolGold. Moreover, the recent sell-off means you can pick up SolGold for 20p a share – a big saving on the 45p that BHP paid.