The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
ship the NI 43-101 Technical report is what is filed in Canada, as noted in the foot notes of this RNS, this will be updated post PFS
"Cascabel Property NI 43-101 Technical Report, Alpala Porphyry Copper-Gold-Silver Deposit - Mineral Resource Estimation, January 2021"
FTF, the note does state that
"We note that the mineralization encountered in
these holes is below the resource grade at the Alpala deposit."
So there is some rebuttal to their excellent drill results in their own note, or the grades @ Apala are super excellent :)
There is an update on the Red Cloud website for Solgold, if your not registered it's some comments about TAM, but there supply a valuation of....
"Valuation:
We are maintaining our BUY rating and our C$1.90 target. SolGold
remains significantly undervalued at its current share price. We value the
company at C$5.39 on NAV basis, while it currently trades at 0.09x P/NAV
versus exploration and developer peers at 0.61x. We believe these
excellent drill results at TAM are expected to help bolster the company’s
share price, especially as additional drill rigs come online. Upcoming
Catalysts: 1) Drill results from holes 8-10 at TAM (ongoing); and 2)
Additional drill rigs to come online (2021); 3) Maiden Mineral Resource
Estimate (2021)"
https://www.redcloudfs.com/solgold-plc-tsxsolg-lsesolg-impressive-drill-results-at-tam-additional-drill-rigs-planned/?utm_source=RCKS%20Master%20Audience&utm_campaign=12397c7305-EMAIL_CAMPAIGN_2018_04_10_COPY_01&utm_medium=email&utm_term=0_2d6e7dc0d4-12397c7305-161492941
I can see the differences now, it's on slide 35, the percentages have changed on ownership between solgold and cornerstone, as you were chaps :)
old values here
https://www.solgold.com.au/wp-content/uploads/2021/05/SolGold_Corporate_Investor_May14.pdf
The presentation has been updated last night, cant see what has changed, maybe a keener eye is required?
https://www.solgold.com.au/wp-content/uploads/2021/05/SolGold_Corporate_Investor_May14-3.pdf
the Alpala Maiden Mineral Resource Estimate was taken from 53,616m of drilling, are we anywhere near that total for Porvenir?
https://www.lse.co.uk/rns/SOLG/maiden-mineral-resource-estimate-alpalacascabel-1c78o34i8a3flou.html
Gorillaman
BHP Exercisable to 27 November 2024 £0.37 19,250,000 19,250,000
https://www.solgold.com.au/wp-content/uploads/2021/05/2021.05.13-Key-Security-Information.pdf
And updated presentation
https://www.solgold.com.au/wp-content/uploads/2021/05/SolGold_Corporate_Investor_May14.pdf
and MD & A
https://www.solgold.com.au/wp-content/uploads/2021/05/2021.03.31-MDA-2020-to-2021-FINAL.pdf
Major share holders before and after placing
Before
BHP Billiton Holdings Ltd 282,721,826 13.64%
Newcrest International Pty Ltd 281,216,471 13.57%
DGR Global Ltd 204,151,800 9.85%
Cornerstone Capital Resources 157,100,000 7.58%
Tenstar Trading Limited 119,485,083 5.77%
BlackRock, Inc 108,607,081 5.24
After
HP Group PLC 310,965,736 13.57%
Newcrest International Pty Ltd 309,309,996 13.49%
DGR Global Ltd 204,151,800 8.91%
Cornerstone Capital Resources 157,141,000 6.86%
BlackRock, Inc 115,296,025 5.03%
Tenstar Trading Limited 112,627,393 4.91%
https://www.solgold.com.au/wp-content/uploads/2021/05/2021.05.13-Key-Security-Information.pdf
these are BHP and Newcrest holdings pre placing
BHP Billiton Holdings Ltd 282,721,826 13.64%
Newcrest International Pty Ltd 281,216,471 13.57%
so total are the same, and hence does not take into account any purchased during the last placement
I see quady has finally fallen by the wayside, I see the sword was mightier than the pen then.... :)
Total conviction on his narrow view that the most likely outcome was production, if he would have accepted other peoples view and not repeating himself 100 times a day, and rubbing people up the wrong way, the board would probably have been better for it, I’m sure he will be back, if he doesn’t post, I’m sure he will read, good luck Quady
Anyone likely to pick up his baton? "it's going to production"
Anyhow Warren Irvin has been making a few comments over on ceo.ca on the CGP BB, copied and pasted below if you dont have access to that forum
https://ceo.ca/cgp?62d5c4b5bca3
@BDMinefinder This stock is just crazy cheap in this red hot copper market. I have had institutional investors ask me about CGP, they love it, but find it too illiquid for them. That is the advantage for smaller players who can deal with less liquid stocks. The institutions decided to buy SolGold instead for their better liquidity, can't say I fault them for that.
@BDMinefinder @aldenTyrell Trust me, being patient is killing me, but I just gotta do it. Knowing we have the mother of all commodity super cycles coming our way, makes me feel better that things may begin to happen before too long. Just can't have a copper asset like this sitting out there with copper hitting new highs. It's gotta get picked off.