SolGold latest NI 4310, page-36

Sat 23 Mar 2019

The Countdown has started:

Sun 24 Mar 2019
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Mon 25 Mar 2019
Tues 26 Mar 2019
Wed 27 Mar 2019 Trading Days: London mkt opens at 8am-4.30pm
Thur 28 Mar 2019
Fri 29 Mar 2019
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Sat 30 Mar 2019
Sun 31 Mar 2019 END of Q1, 2019
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Mon 1 Apr 2019

<>THE CASCABEL - ALPALA ANTICIPATED PEA - Q1, 2019 per Mar 2019 Solgold Presentation
on www.solgold.com.au

It appears a lot of people who attended this year^s PDAC in Toronto would have heard about the said PEA that is anticipated in Solgold*s presentation at this Conference [2019].

IF it comes in spot on [give and take a variance], it would be the highlight of an investor life in Solgold and by extension for other investors in DGR Global, listed on ASX [some 10% stake in Solgold].


Meanwhile:
"From Newcrest to PolarX and Sunstone, AUSSIES go porphyry hunting in the Americas."-Livemarkets.com by Barry Fitzgerald 14.3.19

Quote:
"So it has to be assumed that Newcrest got something of a bargain for its $1.14m." [70% interest]
[Refers to the purchase of Red Chris recently: "1 BILLION tonnes porphyry resource at d e p t h grading 0.35% copper and 0.35g/t gold. Also mentions block cave & Newcrest] The $ is assumed to be in A$.

"That*s why a bunch of hardy ASX-listed explorers {and Newcrest } have headed off to known copper gold provinces elsewhere around the world to have a crack at finding the NEXT BIG ONE."

"More than that, Solgold is in the sights of Newcrest and BHP with Newcrest holding 14.5% of the co and BHP 11%. The TIP is that Newcrest*s block caving experience makes it the o b vious bidder for Solgold. But such is the SCALE of the project, it could BID JOINTLY with BHP."

https://www.livemarkets.com/wires/from-newcrest-to-polarx-and-sunstone-aussies-go-porphyry-hunting-in-americas

Comment:

I have not seen the above article posted anywhere on forums so fresh.

What is interesting may be, with the release of the PEA as anticipated, what will happen next?

After all, if the size is X, it equals $$$
If the size is Y, it equals $$$
and so forth given there is a financial dimension to it?

After the release of the PEA for Cascabel [Alpala, Ecuador] from Solgold, there may be a window thereafter as to what do the major players do given the demand and supply metrics and Goldman*s supply deficit date?

We wait to see.

DYOR.

sol1, Sat 23 Mar 2019