Member Info for Padmaster

……”Cascabel is one of the two largest mines in the world that is due to go into production.”When Mirador Norte and Cascabel are in full production, Ecuador will join the major league of copper production," Santos said.

We’re on our way, we’re on our way. To the major league, we’re on our way. How we get there I don’t know. How we get there I don’t care. All I know is Solgold’s on its way.

https://www.bnamericas.com/en/news/ecuador-on-the-way-to-joining-major-league-copper-producers

Santos (Mining Minister) added that another document would also be signed with the SolGold company imminently to enable it to start building its US$3bn Cascabel project in Imbabura province.

According to Santos, construction of the underground mine would take four or five years and preparation of the site and other construction works could begin by the end of this year.

Thanks for sharing highflying.

Significant milestone.

The blue touch paper is lit.

Now watch this rocket and the magnificent display.

GLA

Https://www.northernminer.com/regulatory-issues/canadas-regulator-clears-newmonts-acquisition-of-newcrest/1003856900/

Mining giant Newmont (NYSE: NEM) said on Tuesday the Canadian Competition Bureau had cleared the company to proceed with its intended acquisition of Australia’s Newcrest Mining

https://seekingalpha.com/article/4609146-swallowed-by-giants-newmont-and-newcrest-mining

“Minor assets (in the scope of things) brings Newmont into Ecuador w NCM's 32% of monster low cost Lundin Gold ownership plus a stream. NCM holds a stake in SolGold w BHP, the huge Cu/Au project in northern EC. Plus NCM is funding $LUGDF exploration of its big leasehold for a 50% earnin.

If NEM decides it wants to get out of EC, these assets would bring a big price. Billions.”

Thanks Agar1981.

I’m not really bothered what colour Franco painted his ceiling. The films I recall, Lassie never had a lead.

Now let me have your contact details and bank account and I’ll transfer all my money for you to invest for me.

Thanks again, P

“Please Miss?”

“Yes Agar1981”.

“That Nasty Addicknt and those Solg Luddites keep picking on me and I’ve done more research than them”.

“Never mind Agar1981, perhaps you can share that brilliant research with them instead of just sniping and being disruptive for the past hundreds of posts?”

“But I can’t Miss, I haven’t really done any research”.

“You naughty Agar1981, now go and stand in the corner with your dunces cap on”.

“Not again Miss. Anyway the corners are already full with my other dunce clown friends including Kalneedabari”.

Https://www.juiciocrudo.com/articulo/amp/ecuador-y-solgold-negocian-en-torno-a-cascabel/40763

Ecuador maintains negotiations with the Australian company SolGold with a view to passing, this year, to the exploitation stage. Thus, the company will be qualified for the construction of the mine of around $3,000 million, Cascabel, in the province of Imbabura.

The Minister of Energy and Mines, Fernando Santos, said that for now the economic issue and the amount of royalties from the copper, silver and gold project are being discussed. According to the law, royalties must be between 5% and 8% of production.

Among the plans for production from the mine is the construction of a pipeline to transport the material to the port of Esmeraldas and from there to its final destination.

The Alpala deposit is the main objective of the Cascabel concession.

In April 2022, the pre-feasibility study confirmed the world-class potential of the project to become a large, low-cost, long-duration mining operation.

Once built, Cascabel is expected to be one of the top 20 copper and gold mines in South America.

Https://www.mining.com/solgolds-cascabel-copper-project-renewed-for-25-years/

“The miner noted the renewal (of the licence) should give stakeholders confidence in the ability of current management to move forward with the project”

Here we go. Big news on its way. Watch this rise continue.

GLA

Chris is probably Chris Stackhouse, Chief Finance Officer

Newmont for Cascabel.

BNamericas: In May Newmont announced the acquisition of Newcrest to its shareholders. What could that mean for Ecuador?

Benalcazar: The decision it makes on whether or not to stay in Ecuador will be a test of the country's attractiveness. It will be a thermometer to determine how one of the largest and most important mining companies in the world sees Ecuador.

If Newmont decides to stay in Ecuador, it will seek to acquire 100% of the Fruta del Norte mine and expand its interest in the Cascabel prospect.

I believe that Newmont will stay in Ecuador and use the path opened by Newcrest in its strategy to fully enter Fruta del Norte and expand its stake in Cascabel.

But Kali, don’t you see? I was right.

“You won’t be watching England level the ashes series” .... and they didn’t lol.

All coming together to construction:

1st July article

https://lanacion.com.ec/celec-esta-en-la-busqueda-de-nuevos-socios-para-proyectos-de-generacion-electrica/

“Other large projects that will require more electricity are Cascabel (copper, gold and silver), from Australia's SolGold; and Crabs (gold and silver), from the Canadian Lumina Gold.

Preferential rate

To promote the development of new projects, Celec proposes signing contracts with mining companies.

As an incentive for the construction of projects, Celec plans to offer a preferential electricity rate, which recognizes the investments for the construction of the plants.”

Articles on record refer to the construction of the Cascabel mine will commence next year.

Much will be happening if importance behind the scenes which are restricted through confidentiality and NDA’s.

Anytime soon there will be the mega RNS we all await.NM, with his circa 90m holding will influence having a proper return for shareholders.

Roll on Monday and don’t be deflected by the clowns from the fact that we have a tier 1 asset which the majors and Chinese want and the Ecuadorian government support for its development, never minding our first mover cherry picking of the premium tenements we hold which have the potential to replicate the Cascabel “gold mine”.

IMHO GLA

Are you responding on behalf of needalife, Agar or more likely, you just forget to switch usernames?

You won’t be watching England level the ashes series then kalneedabari?

Morning DBW

Morning or evening where you are Kalneedabari.

Just remind us all what name you posted under when playing guess the share price, those years ago? Whilst telling us, remind us of all the other usernames and the reasons why you were banned and had to change names so many times.

As fewer and fewer people respond to our resident rodent clowns, watch how the desperation results in resorting to speaking to “themselves” using multi-aliase logins some of which haven’t been used for a while. lol.

The paymasters must be fuming and really cracking the whip.

Roll up. Roll up. The circus is back in town.

“Oh please daddy, may we go? The world famous clown Kalneedabari is starring.”

“No son. Don’t waste our money on that infestor-jester. Same tired old act. Time he retired for good. We’ll use that money and more to top up your impressive Solg share holding in your junior isa.”

“Your right daddy. “

“Now let’s pop into the Lamborghini showroom.”

Here’s a joke just for you Needagar.

Needalife and Agar met for lunch. The restaurant had checked tablecloths. It took needalife an hour to pass the salt.

WOFTS >¥