Member Info for Padmaster

3rd January 2018

"Nick Mather, chief executive of the Brisbane-based miner, said: “For years we’ve been saying this system is very big and very rich".

Just look at that gold intersection alone. You don't see many like that.

182m @ 3.14g/t Au

What fantastic drill results.

World class results within a world class, tier 1 discovery by a world class mineral explorer with a world class management team.

If people can't see this WILL BE A MINE in the near future, they can't complain in the future if they do not invest now at the current, undervalued price.

iMHO, DYOR

All good Satan. Looking forward to early retirement in the next 18 months.

..................................................... not having advance warning about Solg news, ninety eight.
Satan says I shouldn't joke about not having advance warning about Solg news, ninety nine.
Satan says I shouldn't joke about not having advance warning about Solg news, one hundred.

Phew, that'll teach me not to mess with that Satan guy again.

Thanks for your advice Satan. Not another 100 lines? OK then..

Satan says I shouldn't joke about not having advance warning about Solg news, one.
Satan says I shouldn't joke about not having advance warning about Solg news, two.
Satan says I shouldn't joke about not having advance warning about Solg news, three.
Satan says I shouldn't joke about not having advance warning about Solg news, four.
Satan says I shouldn't joke about not .................

No Satan.

"Just to pick up on a point raised previously about Satan and Jim over Glencore's and others reluctance to acknowledge Cascabel as a tier 1. There's potentially an obvious reason for that."

Similarly so why Solg promote their intent and ability to take this to a mine.
IMHO

Very relaxed about my Solg investment thanks Satan. Uncle Nick hasn't let me know when the next news release will be. The excitement builds with every day though.

Regards
P

These are bonanza grades Bozi. What a great explorer to be invested in. GLA

But it isn't what it isn't.

Lesson 3: BASHERS POST MANY TIMES A DAY. They try to wear you out. They comment on everything, every other post, and can answer every question. THEY KNOW IT ALL! There is no positive comment they won't Bash.

As columbo pointed out 12.3million oz gold in maiden MRE.

The forthcoming MRE upgrade will substantially increase the copper and gold and still is scratching the surface.

Even ignoring the copper, we will become one of the biggest gold mines. Take a look at these existing mines' reserves for comparison.

https://www.mining-technology.com/features/feature-top-ten-biggest-gold-mines-south-africa/

And then there's all of the other discoveries still to be proven.

This may be a never to be repeated opportunity to invest in what becomes one of the biggest copper and gold miners ever.

All IMHO DYOR

Totally agree columbo.

Don't answer the foolish arguments of fools, or you will become as foolish as they are.

Tier 1. It is there for all to see. Yet the gruesome twosome which has now spawned into the Disagreesome threesome are purposefully blinkered.

Who do you trust? NM, the successful business leader having proven credentials, describing Cascabel/Alpala as a Tier 1 discovery? Or the Disagreesome threesome, the pratfall of clowns?

Yes earthling. Those figures were based on conservative estimates before the maiden resource. The increase in MRE is expected to be at least 50% more with even more to come.
The majors will be queueing at NM's door.

Yes earthling. There really is no doubt about this being a World Class, Tier 1 discovery. Solg a very confident by promoting this in interviews, presentations and on their website.

Solg conceptual model based on 40m tonnes mining rate p.a. using cuequ.

$3Bn CAPEX
Mining Rate- 40 Mtpa @ 0.9% Cu Eq
Recovery- 90%
Revenue $2.138 Billion p.a (plus any increases from
Copper and Gold price increases!!)
Operating surplus- $38.4- $30.4/t
$1.536billion – $1.216 Billion p.a

Slide 28 of Solg presentation.

https://www.google.gr/url?sa=t&source=web&rct=j&url=https://colombiagold.co/memorias/2017/day2/SolGold.pdf&ved=2ahUKEwi63sL73uLcAhVHNOwKHf0lAgsQFjAAegQIAhAB&usg=AOvVaw3tfdD3vEuVJvWXe-ZCHRIu

That was a conservative conceptual model from Solg having only scratched the surface of Cascabel at the time.

But note the operating surplus per annum. $1.2 -$1.5 BILLION (over many decades).

Hold in there everyone. We will reap the rewards whether through sale, farm in or take it to mine.
IMHO DYOR

Interesting DG1.

Solg conceptual model based on 40m tonnes pa using cuequ rather than gold.

$3Bn CAPEX
Mining Rate- 40 Mtpa @ 0.9% Cu Eq
Recovery- 90%
Revenue $2.138 Billion p.a (plus any increases from
Copper and Gold price increases!!)
Operating surplus- $38.4- $30.4/t
$1.536billion – $1.216 Billion p.a

Slide 28 of Solg presentation.

https://www.google.gr/url?sa=t&source=web&rct=j&url=https://colombiagold.co/memorias/2017/day2/SolGold.pdf&ved=2ahUKEwi63sL73uLcAhVHNOwKHf0lAgsQFjAAegQIAhAB&usg=AOvVaw3tfdD3vEuVJvWXe-ZCHRIu