Member Info for Padmaster

The next royal wedding will be the marriage of King Nick with a very smitten Miss Rio Tinto.

I notice an upsurge in infestor activity. Must be some important positive news is imminent.

Thanks for the link Pinot. Well worth the listen. Momentum is building for some exciting times over the summer months. Bidding war, here we come.

Remember - Newcrest own 27.1% of Lundin

https://www.bloomberg.com/news/articles/2018-05-08/nevsun-boasts-other-potential-suitors-after-rejecting-lundin-bid Lundin (and others) in a C$ 1.2 BILLION acquisition bid. (after Nevsun prefeasibility published).

http://www.luckyminerals.com/Catalogo%20Minero%202018%20Web-ocr.pdf Interesting 2018 summary of mining in Ecuador from Rebeca Illascas, Minister of Mining

http://www.miningnews.net/research/news/1337444/gold-discoveries-continue-to-slide sorry don't have full access. A golden opportunity for new discoveries S&P found that gold exploration budgets peaked in 2012, but Global Market Intelligence's annual Gold Discoveries report remain at historically high levels. Explorers have allocated US$54.3 billion to gold exploration over the past decade, 60% higher than the $32.2 billion spent over the preceding 18 years. Despite the effort, just 215.5 million ounces has been discovered in 41 discoveries over the past decade, compared with 1.72 billion ounces in 222 discoveries in the preceding 18-year period. Over half of that amount is contained in just 10 discoveries, with Zhaojin Mining Industry Co's 16.4Moz Haiyu deposit in China the largest. Other deposits in the top 10 including Barrick Gold's Goldrush, White Rivers Exploration/Harmony Gold's JV, SolGold's ...

I'll keep you to that mick lol

Good luck mickb. You have a very realistic possibility of retiring as a multi-millionaire IMHO. GLA

https://www.youtube.com/watch?v=Y74JTD58TGU Exploration analysis presentation video by Brent Cook - "A Deep Dive Analysis on Solgold". Published 16th Feb,

Hong Kong 1-2-1 presentation April 2018. See slide 40. NEW EXCITING REGIONAL PROJECTS. La Hueca, Porvenir, Blanca Nieves, Timbara. "MORE YET TO BE ANNOUNCED...." http://www.solgold.com.au/presentations/

Satan - "possibly the primary motivation for solgold is to simply do enough (at this stage) to keep all of our tenements in good standing." For Solg to retain the concessions they have to commit to a certain level of expenditure in the first 4 years exploration phase, otherwise the concession is lost. I guess that's why we have up to 100 geologists on the ground. No point in investing further in concessions which draw a blank. Interestingly I have read that exploitation of a concession requires a minimum of 80% of the workforce to be Ecuadorian.

Multiple exit points FTJNY, or may turn out to be multiple special dividend points through rinse and repeat sales of discoveries.. GLA

NM - ^We�ve created a blue print for the discovery of these things, and we are replicating that all through Ecuador securing 22 other porphyry copper gold systems.^ I wonder how many more Tier 1 discoveries are to come?

NM has always said he wouldn't sell it too cheaply. For sure, the more the drill turns , the bigger the price will be, Perhaps you will get the actual answer in the next few weeks earthling.

the 15 billion tonnes referred to at Cascabel relates to Alpala, Moran and Aguinaga. You can then add more for Trivinio, Carmen, Cristal, Chinambicito, Tandayama-America, and Parambas.

and this is where the 15 billion tonnes is mentioned, http://www.miningnews.net/resourcestocks-company-profiles/resourcestocks/1311774/solgold-grows-project The presence of magnetite with chalcopyrite and bornite with potassic alteration endorses the predictive nature of the 3D Magnetic model at Cascabel. The magnetic bodies at Alpala, Moran and Aguinaga constitute approximately 15 billion tonnes of untested magnetic rock. We are excited by the strong correlation to date between magnetic signatures and copper mineralisation in this system.

Yes earthling - DECADES. NM knows what is there (Cascabel) and how big it could ultimately be. 15 billion tonnes of magnetic orebody rock. One Tier 1 World class discovery made. Only another 73 tenements to explore next. GLA

Q and A's at bottom of page. What are your key goals for the next 3, 6 and 12 months? 3 Months: -Update of Mineral Resource Estimate https://www.weare121.com/121mininginvestment-hk/clients/solgold/ So MRE update by late July at the latest. In a sentence, what do you think makes your company such a compelling investment? It is the biggest copper-gold discovery in decades

Worth another listen IMHO. NM recent interview. Newcrest are very interested in Solgold. I can't speculate on when or at what price Newcrest might make a move. It wouldn't surprise me if they (Newcrest) or anyone else did.. https://www.brrmedia.co.uk/broadcasts/5a8301aacb5fd9447f49e1ce/solgold-plc-company-update