Member Info for Padmaster

Nice one Mr and Mrs Caterham. I can see them being worth several hundred thousand £’s in the near future - if not substantially more!
GLA

Yes AK.
I was also in Solg at the time.
I also remember the darkest days of Alan Martin and Malcolm Norris, both leaving after short spells as MD’s leaving NM to “temporarily” take over executive duties. I think he was a non exec Chairman at the time and his focus being with DGR. We had no money and no discovery and the share price dropped to around 1p. Thankfully I bought loads around that time.
The legacy of M Norris being the Cascabel JV with Cornerstone.
How times and our fortunes have changed.
GLA. This is the year of the Solg!

Quite rightly our focus is on the world class tier 1 discoveries in Ecuador.

However It’s easy to overlook the continuing exploration in the Solomon Isles and Australia which continued this financial year:

Australia projects
Financial year ending 30 June 2020:
? Exploration reconnaissance ? IP Survey ? Drilling target assessment ? Drilling
Planned expenditure US$334k

Solomon Island projects Financial year ending 30 June 2020:
? Land access and negotiations ? Drill program
Planned expenditure US$150k

All stated in the Feb 2020 Sedar report with much detail about all projects including the very exciting regional projects in Ecuador. Worth a read if you haven’t done already.

https://www.sedar.com/GetFile.do?lang=EN&docClass=7&issuerNo=00043090&issuerType=03&projectNo=03017489&docId=4665001

Sorry AK, I’m not a subscriber but the headliner gives us that important morsel - next steps financing news within 2 weeks!

https://www.mining-journal.com/copper-news/news/1385150/solgold-financing-on-track-feasibility-delay-likely

SolGold aims to complete a US$150 million financing within the next couple of weeks to provide the funds to get its Alpala copper-gold project in Ecuador through feasibility, Ingo Hofmaier, executive GM project and corporate finance, has told Mining Journal.

Great article Troajan. Thanks for sharing. Surely the share price can easily reach many pence very quickly with that level of cash flow and profit potential?

This is still a great opportunity to buy, but won’t last long.

Clearly GLR’s potential has been overlooked with the current market cap at a mere £2m.
IMHO, GLA

Well held everyone.

Onwards and upwards. Multibagger from here.

GLA

https://youtu.be/FP5UR3KMIeA

From 5 minute 40 onwards

Solg should be worth £1billion currently says John Meyer SPangel

https://youtu.be/FP5UR3KMIeA

From 5 minute 40 onwards

Solg should be worth £1billion currently says John Meyer SPangel

Whilst we await news, you may find this info of interest which covers much of the requirements relating to Zambia mining licence application, procedures, rules, taxes etc .

https://gettingthedealthrough.com/area/22/jurisdiction/50/mining-zambia/

Looks like this all connects and northwest lies Moran a short distance away. Over the coming years whilst Alpala central is mined, more drilling will prove this.

Benn Whistler: “the Alpala Deposit remains open at depth to the north and northwest where a large tonnage of unclassified material could be grown further as exploratory drilling progresses towards the Moran target.”

The silver alone is worth £1billion
Lol

It’s a mine

Thanks for sharing Otago.

“and begin mining in the second quarter next year.”

I think it, or similar, was published last year and reference to “second quarter next year” refers to 2020 - so now. News from CB must be just round the corner.
GLA

Irwin suggests something will happen before the BHP standstill agreement expires in October. BHP being “painted into a corner” and “won’t be able to act in time”.

Irwin suggests something will happen before the BHP standstill agreement expires in October. BHP being “painted into a cornering” and “won’t be able to act in time”.

Not too long ago either earthling 14th Feb 2020.

https://mobile.twitter.com/bigdude6669/status/1228357136138166274

And Irwin is on record predicting that neither Newcrest nor BHP will end up owning Cascabel in the end.

Chinese?

Can’t buy any but can sell millions at the moment.
MM’s want our shares but they’re not having my beauties!

Thanks for your contributions cookie. Best wishes and look forward to your early return