Member Info for Timid

"we aren't as intricately linked to gold as many think"
Who cares what the many think. All that matters is what Barrick & Newmont think!
And we can be certain they are thinking about Alpala a lot. :-)
For the first 10 years of operation Alpala is a GOLD MINE!

I think $20m - $5m each - was invested in the 4 subsidiaries perhaps 12 months ago. That should be enough for early exploration but looking for porphyries is expensive.

Seriously? FM, there's some cr*p written here.
https://www.mining-journal.com/copper/news/1373754/bhp-quietly-reports-strong-oak-dam-results
https://www.riotinto.com/en/news/releases/2020/Rio-Tinto-reveals-maiden-Resource-at-Winu-and-new-discovery

"Nick has been saying for more than two years that this will go to production!"
There are some gems this morinng!
Is anyone saying it won't go into prodn? The only question who will own it and who will operate?
Operator - BHP
Owners - BHP + ????????

"I do 100% believe Nick and think he is doing great work.
But Solgold is currently a minnow in a tank full of piranhas. There 's the rub, a real threat."
Ah, here's someone who had a good night sleep and not just returned home from a nightclub!

"As I have said before, these two companies compliment each other with their different strengths."
Is this comedy?
Not bad for 1st thing in the morning!
BHP & SOLG: equals!!!!!!!!!!!!!!!!!!!!

Breathtaking if true!

Can you explain that logic RM?

Yes, it looks that way. But the long term is irrelevant. SOLG & CGP will be taken over by Easter 20211

BHP, Newcrest, China Inc, Barrick, Newmont - they will want it all!
100% of Alpala plus Porvenir etc.
One big feast!

Can you explain why CGP will fail to find its share of CAPEX should it come to that?
I think a Newcrest/BHP JV is most likely.
SOLG has done a great job and Porvenir is a fantactic discovery.
I'll take anything north of 75p!
But a bid better come soon because those holes at Porvenir could add another billion to the MC!

The difficulty for Newcrest in any deal with BHP is having to accept it will not be the operator. BHP will absolutely insist on that. See Escondida as an example. But the outcome might not be that straightforward and I'm sure NM is working very hard to find other players. Two obvious ones are Barrick & Newmont. The ~440mt high grade core has 0.87% Cu & 0.86g/t Au and with gold at ~$1900oz Alpala, which has >12moz of gold as well at 3.8mt of Cu, could be viewed as a goldmine with copper credits. I'm looking forward to the big boys' games!

Fact sheet http://www.cornerstoneresources.com/i/pdf/Presentations_0720_CGPFS.pdf
Home page for CGP - http://www.cornerstoneresources.com/s/Home.asp
Greg Chamandy , Chairman of CGP Twitter - https://twitter.com/GregChamandy
Keep on top of the facts so you are not fooled by the misinformation.

Lots of misinformation about SOLG/CGP/ENSA on this board. It's all cleared up in this video. https://www.youtube.com/watch?v=te5wxQNbt4U

Tamesis starts coverage with 177p TP. Most "expert" commentators now expecting a bid by this time next year at AUD4-5!

Your Tubeness, RIO could t/o NCM. Your sprouting b/s.
ATM how much gold is there at Havieron? Anybody actually know? Does RIO have a guru or a crystal ball telling them there's X ounces there?
We still won't know after the 30th.

Do you think it is more valuable for the contained metal than for the info on geology, petrology etc?
In any case, I think they are required by law, or certainlly best practice, to store it.

Rebster408 - I hope there is someone there to catch them! :-)

Compass007 - never. The gold is buried under 400m of cover! :-)

Joneslady there are at least three people posting charts on Twitter.