Interesting bits to this article
http://www.solgold.com.au/solgold-blog-1
SolGold is also building its own technical team with a view to development and production. This includes doubling the number of local geologists we employ to 100 next year.
Any projects are likely to be funded by third parties, with negotiations already taking place.
“In the past, juniors had to go to majors to get their projects developed but now there are broader options available to finance development,” Mather told the Mining Journal.
“The capital markets are deep and the expertise is available to build mines yourself.”
Ecuador’s underexplored status, its prospectively and the upside in the copper market all present an extraordinary opportunity to grow the company into a globally significant resource explorer, developer and miner.
The surging global copper price – up more than 20% in the past 12 months - adds weight to the likelihood that our pan-Ecuadorian strategy will succeed.
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