Member Info for Padmaster

Anyone know of a Tier 1 copper discovery for sale?

Unfortunately not, Quady

Evening Quady,

Have you managed to see Steve and the Northern Lights where you are?

There's a suggestion that google translate may not have accurately translated the Spanish script. Below is the section in Spanish. Can anyone read and translate and confirm the accuracy?

La minera SolGold aclara rumores. La firma canadiense señaló en un comunicado que el proyecto Cascabel, ubicado en la provincia de Imbabura, tiene el potencial de convertirse en una de las minas de cobre de mayor relevancia de América Latina y que por esa razón han mantenido conversaciones con empresas que buscan invertir en el desarrollo de la mina en Ecuador.

Esas declaraciones se originan luego de una nota de un medio especializado canadiense que señalaba que SolGold mantenía reuniones con empresas en búsqueda de compradores del Cascabel.

En ese contexto, SolGold aclaró que mantiene conversaciones con inversionistas y financistas “como es natural para este tipo de proyectos en la industria” y descartó una posible venta.

La minera señaló que Scott Caldwell, director ejecutivo y presidente de SolGold Ecuador en un informe periódico que presentó la compañía, mencionó la visita de posibles inversionistas para fortalecer el proyecto Cascabel. “Esto ha dado lugar a ciertas especulaciones y rumores infundados sobre una posible venta”.

Al momento, la compañía espera el otorgamiento de los permisos ambientales; así como también avanzar hacia la suscripción de un contrato de inversión. “SolGold continuará su planificación estratégica comprometida con la continuidad del Proyecto Cascabel, y la inversión en las comunidades aledañas al proyecto que es una prioridad para la compañía”.

Https://www.mining.com/solgold-advances-plan-to-sell-flagship-ecuador-copper-project/

SolGold (LON: SOLG) said on Wednesday it is making headway with the potential sale of its flagship Cascabel copper-gold project in Ecuador, as it has held talks with more than 20 “highly credible” interested groups.

The company, which merged last year with Cornerstone Capital Resources to consolidate 100% ownership of Cascabel, said that at least five potential suitors have already completed site visits. It added there were a number of follow-up visits being scheduled.

Https://www.eloriente.com/articulo/la-minera-solgold-descarta-venta-del-proyecto-cascabel/42266

The SolGold mining company clarifies rumors. The Canadian firm indicated in a statement that the Cascabel project, located in the province of Imbabura, has the potential to become one of the most important copper mines in Latin America and that for this reason they have held conversations with companies seeking to invest. in the development of the mine in Ecuador.

These statements originate after a note from a Canadian specialized media that indicated that SolGold held meetings with companies looking for buyers of the Cascabel.

In this context, SolGold clarified that it maintains conversations with investors and financiers “as is natural for this type of projects in the industry” and ruled out a possible sale.

The mining company pointed out that Scott Caldwell, executive director and president of SolGold Ecuador, in a periodic report presented by the company, mentioned the visit of potential investors to strengthen the Cascabel project. “This has given rise to some unfounded speculation and rumors about a possible sale.”

At the moment, the company is waiting for the granting of environmental permits; as well as moving towards the signing of an investment contract. “SolGold will continue its strategic planning committed to the continuity of the Cascabel Project, and the investment in the communities surrounding the project, which is a priority for the company.”

According to information from the Ministry of Energy and Mines, the preliminary evaluation of Cascabel establishes four scenarios for mineral production that estimates a useful life of the mine of between 49 and 66 years, using an underground exploitation method.

According to SolGold, the estimated inventory of mineralized material is 2.4 billion tons with a copper equivalent grade of 0.54%. Thus, an annual production of metals in the first 25 years is estimated to be around 207 thousand tons of copper, 438 thousand ounces of gold and 1.4 million ounces of silver.

Kalneedabari the clown strikes again.

“I know its queing,. not cueing by the way. it just amuses me to see the response”

Of course it’s actually “queuing” lol.

“Kalneedabari, you have been found guilty of troublemaking and clowning of the highest order. Before I pass sentence do you have anything to say?”

“I couldn’t help it. I was as drunk as a judge at the time”.

“I think you’ll find it’s as drunk as a lord.”

“Yes m’lord.”

Https://m.miningweekly.com/article/solgold-says-several-groups-interested-in-cascabel-2023-10-25

More than 20 confidentiality agreements signed. 5 groups have detailed site visits.

Exploration and development company SolGold is in discussions with several “highly credible” groups interested in the Cascabel copper project, in Ecuador, the LSE- and TSX-listed company reported on Tuesday.

There are more than 20 active confidentiality agreements in place and more than five groups have already completed site visits, with a number of follow-up visits being scheduled.

“Please Miss?”

“Whatever is it now Kalneedabari?”

“Why do I always have to stand in the corner wearing this dunces hat?”

“Because you are a disruptive troublemaker, Kalneedabari.”

“My mum says I’ve got ADHD.”

”She’s wrong. You’re just thick”.

“Mummy, MUMMY”.

“Whatever is the matter Kalneedabari, sonny boy?”

“Do I really have to go to school today mummy? All the kids are really nasty to me, calling me names like “infestor jester” and “king Solg clown”.

“Don’t be silly Kalneedabari, of course you do, you’re the headmaster.”

Hey Kalneedabari.

There’s hope for you yet. Scientists have found evidence of intelligence in single celled organisms.

https://www.sciencedaily.com/releases/2016/04/160427081533.htm

Under-played and unknown to the modern youth - classic prog rock gems, Italian.

Snow Goose - by Camel - another fave

The Lamb Lies Down - nice one Italian.

My favourites from early Genesis are Suppers Ready and Firth of Fifth

Be very, very greedy when others are very, very fearful.

Large drop on small volumes- this is able to recover very quickly.

This rare, tier 1 asset is still there and wanted.

There's a number of parties interested in Cascabel who have signed confidentiality agreements and have visited the site. Watch out for those Chinese - and BHP need to be careful otherwise they’ll lose it.

Hold in there for the big reward.

GLA

To all having Kalneedabari on filter - you’re missing out on comedy gold

Lol

Kalneedabari - Gabon but not forgotten

“Be greedy when others are fearful”

Kalneedabarri Buffoon - anonymous doom-monger, boiler room infestor

OR

Warren Buffett - “Be greedy when others are fearful”

“......we anticipate a year of dynamic growth, collaboration, and tangible progress ahead.”