Member Info for zoros

Gives us something to look forward to.
Feel free to remind me to add any diarised items for this year.

2021. 29000m Cascabel resource definition drilling. (Tandayama A / Aguinaga).
Q1/21. Blanca (Cerro Quiroz). Final assay results for holes 3 and 4.
11/4/21. Ecuador GE results.
2021. Blanca (Cerro Quiroz). 3000m extended drill programme. (3rd visit to site).
2021. Blanca (Cielito). On hold.
31/3/21. Nick Mather steps down as CEO.
Q2/21. Varela target (Rio Amarillo) 12000m drilling programme commences.
05/21. M D and A and Quarterly financial report.
08/21. M D and A and Quarterly financial report.
Q3/21. Shuarag project 3000m drilling commences.
Q3/21. Celen project. 3000m drilling commences.
11/21. M D and A and Quarterly financial report.
Q4/21. PFS.
2021. Helipuerto project. Recommenced reconnaissance work.
2021. La Hueca. Early reports inconclusive. Further drilling Q4/21.
2021. Porvenir. Updated drilling programme, 25000m. 112 man camp enlarged.
2021. Chillanes. Ongoing access negotiations continue with local communities.
[Highest Cu results from any Solg project in Ecuador].
2021. Timbara. Continued mapping.

Z

Thanks Oilmonkey...will adjust next time.
Z

Updating as more information received:

Spring 2021. Scally Assays (Pt 2).
12th March. GDXJ quarterly review.
March 2021. Rig at Parlay.
March 2021. Juri joint venture drilling commences.
April 2021. Rig at Paterson Range East.
29th April 2021. NCM March quarterly results.
22nd July. NCM June quarterly results.
19th August. NCM full yearly results.
Q2/21. Completion of Box Cut. Decline commences.
Q4/21. Decline complete. [Approx 3Km long and 420m deep].
Late summer 2021. Possible admission to GDX?
Q4/21. Havieron PFS.
Summer 2023+. Commercial production [2yrs+ from commencement of decline].
Late 2024. Full production.
Z

Jerry - first few paras of the sedar report.
Z

Recap and in addition to RNS:
$91Mn in cash.
Alpala fully paid up until well into 2022.
More drilling @ Alpala to determine full dimensions of mineralisation.
Regionals paid up until March 2022 and more money paid by Chinese ($4Mn to continue with Porvenir). Porvenir 21000m of drilling coming! Tick tick.
Rio - Major drill campaign in March 2021. Tick.
Tandayama Americas continues to excite them. Tick
3 other smaller sites require further drilling.
No issues regarding licence/lease costs.
No issues from GE in Ecuador.
No issues from regional protest vote affecting existing projects. (Cascabel was specifically targeted by environmentalist movement but rejected by C Court in June 202.)
12 million shares dilution paid out. (Chinese).
12 extra specialists being hired to support Solg going from discoverer to developer.

Main takeaways for me:
PFS - caution and due dilligence is being applied to get this right, reducing the CAPEX. Tick
Finance. Currently solid. CFP looks like it might appear well before the PFS (which is Q4/21).
Political landscape - looking bright(er).
Management. Restructuring well underway and in the right direction.
Regionals looking promising, especially Porvenir.
Production definitely not before 2028.

I'm a happy bunny.
Z

Firstly I think the market got a sniff that this was coming. At one stage it was up 8+%.
So that tells me they like it.
Having read it briefly, I see this:
Extended loan from chinese for uptake of $50Mn.
La Hueca + 1 is a dud...but the drill regime was a small one. Nothing found. Move on.
Rio - Starting in March...the siz e of it looks promising.
Porvenir - very solid, even very good grades and depths. I for one am pleased with this thank you very much.
Mining concessions for the 4 year lease of their licences - have been clarified and the 4 years starts after all permits have been rec eived. Solg therefore has some way to run - tick.
Money in bank for Alpala till well over a year from now. Tick.
Money in bank for regionals until March 2022. Tick.
Ecuadorian elections result favouring Solg. Tick.
Southern Ecuador mining rights vote - applies to NEW concessions not existing. Tick.

All in all...I am comfortable with a very transparent and comprehensive RNS.

But this is before I read the Sedar report.........

Definitely glass half full ....and I think the markets thought so too.
Z

RRR - have you done any background as to why the stock is where it is? Or do you just pay up, look up and throw up when the stock dives?

Look - I'll give you this for free this time:
The PM/BM market has been in a bear market since atleast last August - everyone in this industry to a greater or lesser degree is feeling it. The cycle is changing soon.
On top of that, we are where we are because it is based on fundamentals. Several people have tried very hard to explain what our true value is based on what is currently KNOWN and what is currently expected. WE only have so much info at the moment: 4.2Moz, a plan and a reasonable amount of money. Ergo the stock is valued around low 20's.
AS (a) the market in PM's and BM's gains traction due to rising prices and as GGP creeps ever closer to production, pushing out concrete results, we too will begin the inexorable climb north.

But please - as much as people worship Paddy - don't yet put him in the position of crystal ball leader!
FFS!
Z

RK - perleeeeeze please, stop telling the fecking world and their aunt what you bought, what you sold on behalf of your wife and why.
WTFC's.
Nobody gives a damn Red.....nobody........
Z

There was a time when this BB was full of constructive comments. Research, news cuttings, projections based on fundamentals etc etc.
Then we had the aftermath of addition to the GDXJ - feck, did this BB go beserk...full of absolute complete and utter garbage by unknowns who had come out of the woodwork, spouting off about how it will change their lives forever. Then back into a period of quiesence, reading quality posts by quality posters.
Now - we seem to have drifted into primary school level - where previously unknown posters type one liners like:
Sitting on hands.
Great share to be in.
Don't be put off by derampers.
Been in for years, glad I'm still holding.
Long and strong GGPers.

Then there are those who have to tell us their life story. I bought in @ 1p and then sold at 4p and then bought at 27p, wish I hadn't, but I still have enough to buy a static caravan and a fiat lumbago.
WTF is wqrong with this BB of late.
Most of the LTH's have gone silent....gone deep....and I can see why.

IF you want to post....for feck's sake ADD to the fecking story will you?

Rant over.....dog kicked!
Z

You're all falling for it. Slowly being wound in by him....I expected more from LTH's
Z

Throw in: interim drilling results (65000m by June 2021).
Z

Scally Assays (Pt 2): Spring 2021.
GDXJ quarterly review: 12th March.
Rig at Parlay in March.
Juri-Juri joint venture drilling commences.
Rig at Paterson Range East in April.
NCM March quarterly results: 29th April 2021.
NCM June quarterly results 22nd July.
NCM full yearly results: 19th August.
Completion of Box Cut by Spring.
Decline commences….Summer 2021.
Late summer possible admission to GDX?
Havieron PFS late 2021.
Production from decline 2022.
Full production est. 2024.

Z

65000m, 65Km, 40 miles of drilling in 6 months FFS!
How much is each drill and to what depth...$80k each?
So glad NCM is my friend!

Z

Rather deep blue skies today........I wonder......I wonder would it be just that too far fetched to suggest that DGR makes a bid for Solg?
Surely not......NM wouldn't? Couldn't? Shouldn't?
Could he..........................
Z

crewtime - you are correct...we are ushering in the return of the bull market in commodities.
Daffs are budding.....why not PM's!!

By the way.......you remind me of someone...are you earthling re-incarnated...or someone similar?

Z

https://www.solgold.com.au/wp-content/uploads/2020/11/2020.09.30-MDA-2020-to-2019-Comparison_FINAL.pdf
Z

Due monday.
Here is a flavour of what to expect.
Try not to giggle when reading page 14 (PFS).

I wonder if this report will be signed off by Nm or KM???
If the latter - will it have a different 'flavour'.
We need new flavours as Solg has become too vanilla.

Let's see how they 'phrase' future funding....................
Z

Monday or Tuesday - Quades.
Z

I bet a few LTH's wobbled these last few days.........................
Z

Novice - it would be interesting to learn - the casualty rate of the recent tree shake from 35p ish to 21p. Loads of LTH's must have wobbled too?
Z