Solgold listed in the London Main Market (DGR^s sub - close to 15% stake)
Solg: "MiningNews.net: "In addition to the m a s s i v e Cascabel, Solgold has made new discovery in Ecuador South."
Comment: News is now starting to circulate in the mining circles re: Solgold^s new discovery in Southern Ecuador (La Hueca)
For the avoidance of doubt:
As readers of Hot Copper DGR may be aware, I posted the article before about Solgold*s Cascabel.
www.mining.com/web/steve-todoruk-explains-where-he-is-speculating-now/
-Mining.com, December 12, 2014
Two co*s were mentioned ie Reservoir Minerals (Cukari Peki) & Cascabel [Solgold/CGP].
Extract: " In October,Steve told readers to use low share prices to gain exposure to takeover targets." [Steve Todoruk-Sprott Global]
Note: Reservoir Minerals was taken over by Nevsun - June 23,2016
www.nevsun.com/news/2016/june23/ (Reservoir Cukari Peki)
<>Solgold in 2016 received 2 proposals (investment) both from Newcrest and BHP , 10 Oct 2016 relating to Cascabel. Solgold chose the Newcrest option.
www.solgold.com.au
www.cityam.com/251068/solgold-share-price-jumps-15-per-cent-knocks-back-bhp [CityAm,10 Oct,2016]
Extract: " We are very pleased to see BHP j o i n a g r o w i n g list of international mining companieS that are interested in i n v e s t i n g in Solgold... said Executive Director Nick Mather."
<><> [Solgold-1 Nov 2017]
Extract:
Screenshot from Berenberg View by Solgold: " Following years of under-investment in exploration, many of the m a j o r s hold very t h i n project pipelines. Solgold has therefore c a p t u r e d the a t t e n t i o n of majors (most notably BHP and Newcrest which BID COMPETITIVELY to a c c e s s a stake in the co, resulting in Newcrest now owning 14.54% of Solgold). While the projects are at an early stage they remain relevant to l a r g e r businesses as there are n o other recent d i s c o v e r i e s of copper gold systems o f t h i s s c a l e."
<>Berenberg https://eqr.berenberg.de/ {Partnership since 1590, Hamburg-Wealth Management, Asset Management, Investment & Corporate Banking, Funds, Equity Research & Equity Capital Markets}
Comment:
So what Caesar^s Report said was something that was commonly known given the BHP/Newcrest mention as in the said Berenberg report. It had historical evidence of major^s interest ie BHP/Newcrest + others as per what Nicholas Mather said above to CityAM, UK.
Posting the above for investors who may not have followed the Solgold story from the beginning of Cascabel, Ecuador project. There are too numerous mentions by the famous Brent Cook via a video etc to now re-list again.
Sol1, HotCopper poster, Thur 3 Nov 2017
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