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March 22
"Bristow added that Barrick has put a particularly strong focus on exploration in Latin America, ..."
I remember not very long ago he said "we know about Solgold..."
Also he has been quoted as saying they have moved their focus from solely gold to copper gold prospects.
I dont believe Barrick can be completely excluded from consideration especially as there is now only 9 years of gold left in active mines...
With the Gold price setting new highs I believe we are on the verge of a scramble for gold and especially Junior Gold Mining companies.
Scot and Willem Middelkoop have positioned us as such...
Watch GDXJ...
Slide 9
"AMONGST THE LARGEST GOLD DEPOSITS WORLDWIDE WORLD-CLASS COPPER-GOLD PROJECT
Cascabel has one of the largest gold resources amongst primary gold mines and assets worldwide,
the second largest not controlled by a major"
Slide 10
"MEANINGFUL VALUE PROPOSITION RELATIVE TO PEERS WORLD-CLASS COPPER-GOLD PROJECT
SolGold is undervalued relative to its copper developer peers on both a P/NAV and an EV/M&I
Resource basis"
Slide 19
"HYDRO-SOLAR POWER INITIATIVE FOR CASCABEL: MOU SIGNED"
Slide 27 states
"Negotiations for investment protection agreement well- advanced"
Updated presentation by Scott today...
https://wp-solgold-2023.s3.ca-central-1.amazonaws.com/media/2024/03/March-2024-SolGold-Presentation.pdf
So heres a couple of interesting things from the official website of Cámara de Minería del Ecuador (Chamber of Mining of Ecuador)
First a brochure for PDAC showing the speaker list, including Scott and Larenas of Newmont https://cme.org.ec/brochure-digital-pdac-2024/
But also, Maria Amparo Alban's (NED at Solgold) X Account (https://twitter.com/alban_mamparo ) is a popup on this page.... https://cme.org.ec/
All this suggests a reassuring network that hibts at future providence for Solgold...
Aye got them thanks...
This doesn't make sense...UT closing at nil gain or loss on the day but no trades since 16.35...that can't be right surely...anybody better placed to see?
Bought another 500k in dribs and drabs...250, 100, 50, 50, 50...at an average c5.9p...
Going like a rocket GV...2096...SOLG has megatonnes of the stuff...
Hi
Anyone on here know:
Rod's or
Head Office telephone number and/or
Email address
Please
Thanks
Ironic...
The SOLG and GGP share prices are pretty similar...
GGP MCap £331m...
SOLG £182m, but...
Newmont divesting Havieron but keeping SOLG...
From HH...
"RNS signing a MOU with parties involved in providing hydroelectric power. Something big is happening . Solgold week full of news ahead..."
"This is very bullish.More RNSs to be filed next few weeks. Plus PDAC new updates..."
It was bought up to 6.55 in the first 15 minutes and then a blizzard of AT trades drove it down to 5.83 in just 15 seconds...then further to 5.68 in the following 4 minutes...you can't tell me this isn't being held/driven down...
Non dilutive funding next..?
Dont underestimate the significance of this...for SOLG and Ecuador...
SOLGs ESG credentials are already as good as any prospective copper gold project in the world and this will both underwrite existing and new institutional investment but...
It also reduces the projected AISC, thereby improving Net IRR...
Without committing us the current shareholders to any financial cost at present, because this is a heritage agreement that can be passed to any credible prospective buyer
The first of a flow of RNSs...
W
Take out all the AT trades...that leaves 5 trades at c50k and 2 at c100k
The rest peanuts...which means nobody is buying or selling...just waiting...
Gold flying..now 2073 (PFS3 assumption 1800, so that adds $8.7BN gross to Cascabel ...silver through 23 (PFS3 assumption)...copper $3.86 (PFS3 $3.80)...GDXJ approaching a 4 week high...
Perfect storm....if this continues, a perfect time to start the pending positive news flow...
Heres the way to unlock the SP...
Announce a conditional financing deal to build the Cascabel mine...conditional on certain milestones being achieved and not committing SOLG to taking up the finance until those things have happened...
Then watch all the genuinely interested parties fight each other to make a takeover...
Remember there are at least FIVE seriously committed parties and between 30 and 40 now interested after the surge in interest since PFS3
Wyloo had 37% of the shares in Noront and the SP was still only 20c...
They ended up having to pay $1.05...
I seriously cannot see the SOLG Directors letting this go for less than £1...they don't need to...we'll get a funding announcement in the next few days that removes all cash worries for at least 2 years and everybody I've been in contact with directly or indirectly at SOLG says exactly the same thing...they won't even let the CGP 5% stake go cheap...which surely means 20p at the very minimum...
Find me another share in global markets which is genuinely worth so much and valued so little...
This is astonishing DBW...that takes yesterday's volume ot over 100m...!