Solgold
Link: https://en.wikipedia.org/wiki/SolGold
Ref 5: "Solgold reveals start of US$2.8 million exploration programme for Cascabel property."-25 July 2012 , Proactive Investors Australia
Ref 6: "Solgold eyes major prize at Cascabel."- Proactive Investors Australia
Comment:
So from mid-2012 to-date is nearly 6 years [mid-2012 to 14 June 2018].
From the history of Solgold starting with a placing around the 1.5 British pence mark and the subsequent raises, investors may be aware that junior miners are dependent on capital raisings in the initial stages.
So, with the entry of Maxit Capital in 2016 relating to capital raisings, Solgold was able to proceed faster.
All this is now history.
According to Solgold*s latest Announcements, the co hopes to complete the PFS and FS this year ie 2018. www.solgold.com.au [Please check latest Ann/RNS]
From FS, it goes on from there.
Sol1, Thur 14 June 2018
[Nicholas Mather once said in a very early interview via video from recall, it takes 10 years from start to mining. In another interview, it was put to him about this 10 year figure and he said it could be 4-5 years. However, I cannot locate this latter info at the current moment. So, one has to wait for the Announcements. A lot of the older Solgold presentations give timeline/s but they are now no longer available.
"Southern Copper sees Michiquallay mine operations starting 2022."-Seeking Alpha.com, 22 hrs ago. [Put this title into the search engine to read]
Quote:
"likely will start operations in 2022, THREE YEARS EARLIER than forecast."
Just a discussion. DYOR. If investors want to know, they will have to ask Solgold as there are still, at this stage, more test-drilling to go and the decisions to be made are not known yet.
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