Thanks for posting the article SOL1. I had picked it up on the SOLG forum.
We have Craig Jones of Newcrest on the board of SOLG representing their non dilutable 14.5% stake. Craig is exec Gen Mngr of the Wafi-Golpu mine often quoted by NM. Prior to this he was Exec GM of projects and asset management. Before Newcrest he worked for RIO.
He has a bachelor of Mining Eng. He must have his finger on the pulse.
If SOLGs potential is so massive ie 10-20 tier one copper gold deposits why are Newcrest waiting? The game is about profit. The quickest path to profit is acquiring deeply discounted assets. The pending resource statement puts the deep discount on their potential acquisition of Cascabel or takeover of SOLG at risk. The recent cap raise, albeit at a lower level than the market liked, allows SOLG to explore to early 2019 and create more value. Again reducing the discount on the assets.
Maybe Newcrest are too conservative and will be beaten by a more aggressive and adventurous major or even a major hedge fund. Either way they will make money.
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