SOLGOLD-London Main Market [SOLG]
The London market has 3 stock bulletin boards and 1 in Canada.
One interesting post - perception of the Solgold New Discovery in Southern Ecuador - La Hueca.
PERCEPTION - VIEW
". .. It is now clear the Board played a blinder. Why divert a drill away from proving up the Maiden Resource statement & spend money drilling - when they knew we had a 2ND D i s c o v e r y so c l o s e to the s u r f a c e it is sticking out of the ground. And this even explains the "change of plans"- Aggy was the published intent- until they tripped over some monster copper and gold nuggets. Well played Solg...."
[Ref:Wed, 2 Nov 2017 iiii at 01:12] www.iiii.co.uk/investment/detail?display=discussion;code=cotn:SOLG.L ]
Aggy stands for Aguinaga, Cascabel, Ecuador [the more surface expression at Cascabel]
Comment:
"Junior Mining Network: Our New Copper Discovery in Southern Ecuador" [Link to Announcement] 2 Nov 2017
Open Link:
"The greater La Hueca zone is huge, 25km of rocks....prevalance of rich gold with abundant magnetite, Chalcopyrite, Bornite & Moly assemblages suggests this system is r i c h, l a r g e & oxidised....100% owned by Solgold. We look foward to RAPIDLY ADVANCING this RICH & LARGE SYSTEM." [As previously stated: La Hueca etc-New Discovery is 3 times Cascabel]
It is common knowledge that to open up the Cascabel district, Aguinaga would have to be drilled as 1 potential for more surface mining ie open pit.
However, the new discovery appears to be nearer surface.
What many investors have not realised or asked is "Which discovery will Solgold keep to take to production ie Cascabel, N. Ecuador or La Hueca-Machos, Southern Ecuador?
Or will Solgold develop both?
Or will Solgold sell one and keep the other?
Or are both for sale plus more new discoveries if any?
We await developments from Solgold. I chose the post from iii because most are not discussing the new 2nd discovery ie La Hueca. The details are the perception of the poster.
Just for discussion and only perception at this stage.
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