Strategy7 Jun 2018 09:06
Good RNS, dual running strategies:
1. Prove up and go through the process to create recognisable value through PEA, PFS etc... which look like it's coming quicker than I thought according to the National Bank of Canada release yesterday (H1/18). This will show we can mine the stuff, how numbers stack up etc... This gives us value in the form of Cascabel/ENSA. To be sold or to be developed...
2. Show we are not a one trick pony. 10 priority targets across 4 subsidiaries distilled down from the original 79 tenements :)
NM and the board said they were going down this road years ago and they are delivering against it.
Love this paragraph:
"SolGold continues to aggressively explore its extensive tenement portfolio in Ecuador with the goal of
becoming a tier 1 copper-gold producing company through discovery. SolGold operates multiple
regional field teams rapidly exploring 10 selected major mineralisation centres over 73 regional
concessions held in four wholly owned Ecuadorian subsidiary companies. With this new discovery at
Cisne Loja, SolGold�s exploration teams led by experienced geologists have now successfully defined
targets indicative of large mineralised porphyry Cu systems and /or epithermal gold systems in 10
regional projects."
Fundamentals are still the same, management still the same, share register slowly showing increasing institutional ownership, potential keeps increasing, updated Resource Estimate would nice though, pretty please NM :)
Oh and did anyone see the tweet from Solgold about Hannam & Partners visiting the site this week?
https://twitter.com/SolGold_plc/status/1004455764646420480
They've said they'll provide an update soon. From their site:
"Hannam & Partners is a leading independent investment bank providing specialist advice and access to capital. Our sector expertise includes natural resources and financial services. Owned by our partners, our knowledgeable team has a proven track record. We are known for our honest advice and our technical ability to manage complex situations."
Sorry for the long post, just nice to see some news and coverage. I'm happy to continue to hold. GLA