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Solaris Resources Inc T.SLS

Alternate Symbol(s):  SLSR

Solaris Resources Inc. is a Canada-based multi-asset exploration company that is engaged in advancing a portfolio of copper and gold assets in the Americas. Its Warintza property is a porphyry copper-molybdenum-gold project located in southeastern Ecuador in the province of Morona Santiago. It includes nine metallic mineral concessions covering 26,777 hectares (ha). The Ricardo property is an exploration porphyry copper prospect located near Calama, Chile in the Calama Mining District. Its claim block covers approximately 16,000 ha. The Tamarugo property is a grass-roots copper porphyry target located in northern Chile approximately 85 kilometers northeast of Copiapo. Its claim blocks cover a total of approximately 12,300 ha. The Capricho project is a 4,200-ha copper-molybdenum-gold property. The Paco Orco project is a 4,400-ha lead, zinc and silver property. The La Verde property is situated in the Sierra Madre del Sur west of Mexico City, including the Unificacion Santa Maria claim.


TSX:SLS - Post by User

Post by BSdetector2016on Oct 21, 2022 12:00pm
275 Views
Post# 35039127

Warrant Worrywarts

Warrant WorrywartsIt would appear that the slow bleed-down in share price, double that of its peers I may add, is directly related to upcoming warrant expiries. The market appears to be assuming that all the warrants will be converted to shares and blown into the market, or at least that's what the excessive drop would suggest. In fact most of the warrants are held by Insider and related parties. Why would they sell at market bottom? Warke certainly will not and I doubt Earle, Beaty and Equinox will either. They will exercise, top-up the treasury and sit on those shares. There is fear being fomented on ceo.ca that isn't helping, at least it's only helping those intent at accumulating at lower prices... DYDD and GLTA.
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