Member Info for schlemiel

https://assets.geoexpro.com/uploads/3d581f43-8956-45ce-bc85-1cf5757ebde8/Geoscience%20Magazine%20GEO%20ExPro%20Vol.%2018,%20No.%203.pdf

https://assets.geoexpro.com/uploads/3d581f43-8956-45ce-bc85-1cf5757ebde8/Geoscience%20Magazine%20GEO%20ExPro%20Vol.%2018,%20No.%203.pdf

now up £1900. It's tough holding this stock. No wonder people trade the fecker. Desperately need monetisation to see forward momentum

Massive dilution and another decade of a share price that goes nowhere. Somone pass me a feckin' revolver

https://www.redcloudfs.com/luminex-resources-corp-tsxvlr-illuminating-opportunities-in-ecuador/

Wait for the driling results or else it's quite simply a pure, high risk punt

Note the 'new jurisdictions' -

'Conducts engagement with country government agencies to understand regulatory famework requirements in new jurisdictions and provides information and insight to internal stakeholders

Ensures appropriate commercial risk (mineral title, fiscal, country risk and general commercial) overlays are completed to enable definition of priority new jurisdictions for copper exploration'

About You

Strong Business analysis skills, in-depth Organizationelling, business valuation and risk analysis
Significant project management skills, with deep experience managing cross functional teams
Team player, always focused on building team both in knowledge and depth
You are focused leader, always credible and self-less in your promotion of the team and its accomplishments
Personal drive, balance of assertiveness and humility in all that you do
Able to play leading, driving, and supporting roles; role requires ability to act independently, tactfully, and with authority
Commercial acumen in originating and managing commercial transactions
Able to lead a team of senior managers to get their inputs for transactions
Strong communication skills.
Target 10-15 years of relevant work experience, ideally within a Mining Business development, Investment Banking and / or Business Development environment
Experience working in diverse geographical areas/cultures is desirable
Resource industry experience, ideally in copper mining.
International experience or exposure to negotiations with international counterparties
Negotiation of complex agreements within an international context
Significant Experience in analysis, Organizationelling, performing valuations and transactions.
Strong communicator (oral and written) in both English and Spanish.
Self-motivated – strong personal work ethic with a focus on “getting it done”
Good commercial aptitude, excellent communication skills

https://www.recruit.net/job/principal-jobs/2BEEB12DF1AF1628?utm_campaign=google_jobs_apply&utm_source=google_jobs_apply&utm_medium=organic

New role advertised at BHP Canada. Spanish required so obviously Chile, Peru and Ecaudor focused

2 days ago

Full–time

The Principal Commercial is focused on building a sustainable, high quality pipeline of copper exploration projects globally through land staking, sourcing and/or acquisition. Manages the process of evaluation, negotiation and execution of commercial agreements for Copper exploration including JVs, options, earn-ins and strategic investments.

The role manages the market intelligence generation/gathering process, provides constant monitoring of industry trends/ patterns emerging, understands and provides tracking/analysis on competition and sources new opportunities to impact BHP’s exploration and growth strategy.

About the Role

An overriding commitment to health, safety, environmental responsibility and sustainable development
Leads market intelligence process to monitor industry developments and trends; presents and communicates key insights to BHP’s exploration leadership team through Market intelligence presentations and reports
Manages the valuation process (identifying prospects, Organizationelling, commercial analysis, preparation of business cases, due diligence) through to project capture
Coaches specialist commercial on business skills and is seen as a strong resource to help build commercial acumen of others within exploration team
Leads the due diligence process required prior to execution of commercial agreements with 3rd parties and engages with compliance and legal
Represents BHP Copper Exploration in negotiations with counterparties as well as in industry conferences and events
Participates in negotiations with senior external stakeholders (counterparties – subject matters experts, CFO, CEO, VPs) to successfully capture high priority projects
Provides commerical expertise to stakeholders internally (country and generative teams) to identify high quality opportunities globally
Developes negotiation envelopes and tactics for the Investment Approval Requests where commercial arrangements are required
Supports the Head of Commecial in preparing the commercial strategy as part of the appraisal process which is presented to key BHP stakeholders (VP of Exploration, Copper Leadership Team and Minerals Americas Leadership Team)
About the Role Cont
Builds and maintains positive “value add” business relationships with commercial counterparties and industry players
Conducts engagement with country government agencies to understand regulatory famework requirements in new jurisdictions and provides information and insight to internal stakeholders
Ensures appropriate commercial risk (mineral title, fiscal, country risk and general commercial) overlays are completed to enable definition of priority new jurisdictions for copper exploration
Ensures that preparation, execution and implementation of commercial and exploration agreements complies with the agreement terms and conditions

Well, I don't mind saying that I need this to come good in the next 6 months or so and when I say 'come good' I mean monetisation by a full takeout. Failing that then it's what's been referenced already by those with a far superior insight to events than myself

Purpose

Do you have an inner flame for discovery? At BHP Metals Exploration we do too. Help us stoke this fire as we enter an exciting new growth period. We are increasing our presence around the world, including opening a technical office in Toronto. Metals Exploration is critical to our future at BHP and will help us meet increased demand for forward-facing resources, such as nickel and copper. As part of this, we are seeking people with diverse views and a passion for the science of discovery. If this sounds like you, come join the team!

The Practice Lead- Porphyry Copper will define and influence leading practice in the understanding and application of mineral systems to porphyry copper deposits, lead research in this field, and provide technical guidance to all Metals Exploration activities focused on porphyry copper deposits globally.

https://careers.bhp.com/job/Practice-Lead-Porphyry-Cu/750920200/

So far not that interesting but the person they're looking for is surely expected to be operating in either Chile, Peru or Ecuador and if it's exploration then maybe Ecuador is the place BHP would surely focus upon?

* ''Bilingual in English and Spanish is highly desirable.''

Weakness kicked in when the Canucks woke up, as per. Someone, whoever, in Canada controls the price like it's on a bluddy string

Bat senses tingling or is it the wife's vibro?

Probably a typo

The share price rose quite quickly in the last few days from the 30-31p level. Then, came the Solgold RNS today relating to Cornerstone and Solgold working together relating to the FINANCING etc of Alpala. Of note will be the fact that the ownership of ENSA is now moving in tandem. This is via co-operation given Solgold was NOT successful in taking over Cornerstone Resources, the minority partner at Cascabel [Alpala].

Liberum has mentioned twice about B/O of Solgold by the said major at around 55 British pence from recall. In the late reporting, Liberum said that after the Ecuadorian elections, this could be the timing?

If one looks at the share price of Solgold, a 50% mark premium would come to 53. 47 PENCE [theory].?

It is common knowledge that in B/O, it is dependent on the share price at the time. So, if the share price of Solgold RISES higher than the current price today, it makes it harder for any potential acquirer in theory?

I mentioned in the past about the history of Sirius and the B/O. Over the weekend in question , Independent made the decision they could NOT wait any further as the share price had risen to nearly $5 from recall. This is the typical norm about PREMIUM over current share price situation theory.

Solgold is now in a position of strength given that TANDAYAMA-AMERICA has found a more surface prospect and moving to MRE. This prospect is in the Cascabel licence area together with Alpala. This was the strategy moving forward by Solgold ie to find a more shallow prospect to develop FIRST if needed. This was the new KEY STRATEGY of Solgold.

In addition, Solgold is also moving towards an MRE for PORVENIR, Southern Ecuador and this means another potential deposit found, making a total of 3 ie ALPALA, TANDAMAYA-AMERICA & PROVENIR. Tandayama-America may also have underground potential given that grades increase at depth.

Other prospect are also being looked into as said in the latest presentation from Solgold.

So, according to the LASSONDE CURVE or LIFE CYCLE OF A JUNIOR MINER, Solgold is at the DOOR of the cycle wherein, it is moving towards the OBJECTIVE of PRODUCTION. This means that the CATALYST is FUNDING. Hence, why Solgold*s new strategy was to find a MORE SHALLOW DEPOSIT in the Cascabel licence area excluding ALPALA. It is CHEAPER TO FUND a more shallow deposit/prospect.

This is when speculators generally leave and institutions enter at the BASE of the NEXT CURVE towards production per Lassonde Curve & Life Cycle of a Junior Miner.

The play becomes DIFFERENT NOW - HYBRID - moving towards PRODUCTION as well as 2 new discoveries at Tandayama-America & Provenir [more surface expressions than Alpala, block cave].

SOLGOLD APPEARS FROM THE ABOVE TO BE IN A POSITION OF STRENGTH AS MORE SHALLOW DEPOSITS ARE CHEAPER TO FUND.

Over to the MAJORS now to see how they wish to proceed?

Sol1
2 June 2021 [Wed]
DYOR. Please check.

https://hotcopper.com.au/threads/solgold.5904035/page-344?direction=

SolGold* (LON:SOLG) 36.5p, Mkt Cap £836m – SolGold and Cornerstone agree to work cooperatively to advance the Alpala project at Cascabel in Ecuador

(Cornerstone Capital holds 7.6% of Solgold equity and 15% of the Cascabel licenses containing the Alpala project giving Cornerstone a combined direct and indirect 21.4% interest in the Cascabel Project and the projects falling within the Cascabel area of mutual interest)

In a rare display of common sense, the two principal warring factions over the Alpala project have agreed to work cooperatively.

Cornerstone rejected SolGold’s hostile offer to acquire Cornerstone last year publically highlighting a number of issues at SolGold at the time.

SolGold’s offer to consolidate its ownership of the Cascabel licenses was rejected as a majority of the shares must accept a bid before any shares can be taken up under Canadian take-over rules.

The two groups now agree to work to advance the Cascabel Project, to explore and evaluate a range of strategic and financing options and to focus on maximizing Cascabel project value.

The Alpala project has a measured and indicated resource of 2.663bnt grading 0.53% copper equivalent containing 0.37% copper, 0.25g/t gold, 1.08 g/t silver at a cut-off grade of 0.21% CuEq

The resource also has an additional 544mt classed as inferred at an average grade of 0.31% CuEq.

45% of the resource is classified as measured in terms of the NI-43-101 Reporting Code

SolGold’s May 2019 PEA for Alpala envisages production rates in the range 40-60mtpa ranking Alpala among the largest, and possibly most complex, block caving operations in the world.

By comparison Rio Tinto’s Oyu Tolgoi Lift 1 cave at the Hugo North deposit in Mongolia envisages production of just 33mtpa served by 5 shafts extending to depths of 1300m.

We understand the Alpala Project Committee is reviewing the optimal scale, required financing profile and ways to extract the higher grade material early in the project life.

Conclusion: The nature and challenges presented by the future development of the Alpala project requires the cooperation of the groups concerned including BHP (11.18%) and Newcrest (13.7%) as significant shareholders in SolGold.

*SP Angel act as Financial Advisor to SolGold.

''This move is the beginning of unlocking the value in Cascabel. Congrats to @SolGold_plc
and @Cornerstone_CGP on their new, more cooperative relationship. It can only result in good things going forward.''..Irwin's Tweet today

My investment in SOLG now feels a tad safer and protected from massive dilution

Sangha (Maxit and adviser to CGP) argue that Cascabel should be put up for auction to the highest bidder. I take it the phrase 'maximising shareholder value' refers directly to this process?

Interestingly endorsed by NM