Solaris Resources Inc T.SLS

Great to here.

[ViperX]

I think it´s more or less exactly two years ago when news of the spin-out came. I remember I sat on the tube to Heathrow...Should hopefully be a good idea to hang on to these shares IMO. I have had a really good journey with my "partnership" with Warke & Co. With him, Beatty and their crew I feel my money is in the best of hands. Still holding EQX as my biggest position with PGM as a good second. Good luck all, keep your heads clear and wallets safe in these extraordinary crazy times we´re living in.

[OkanStockMan]

I remember hearing about this back in August when I was holding EQX but it slipped my mind when I sold my possitions . Doing a DD tonight, what is your cursory opinion? I still regret taking profits back in winter with how well EQX broke out.

[ViperX]

I´m holding on only because of the owners, otherwise I prefer the PM shares. Especially silver. The au/ag ratio is down but still very high. Add manipulation/demand/scarsity etc my take is that this sector will soon blast higher. Sat this last weekend and read up what Sprott is up to in silver comanys. It has served me well over time to monitor what the guys with godd track record are up to

[diviner]

Sure you don't own Solaris? Was spin-off before or after your purchase?  I owned EQX from beginning, but sold before crash in March and never bought back in.  My Ameritrade Account still shows that I own shares in Solaris fro mspin-off even though it has not yet been listed on OTC and I cannot trade my shares.  

[OkanStockMan]

Spin off was before. Got in before the share reduction before EQX took off and decided to take profits. Still have EQX warrants that are for partial shares of both EQX and SLS.

[Aurum1983]

5 warrants give 1 share of EQX and 0.25 shares of Solaris for $15. With EQX tp of $19.50 and SLS at $1.50 the EQX warrants is a nice unique leverage play on both gold and copper. Thoughts?

[OkanStockMan]

That was what I was thinking too. My warrants had already gone hyperbolic and I don't have the stomach to get in to EQX again at the momment.

[OkanStockMan]

This is all guessing but I'd wager theres a sizable ammount of shares selling off EQX right to buy up SLS. Might be a good time to sneak in a few discount warrant purchases during this time.

[Aurum1983]

I know but the warrants are still undervalue. It should be at least $1. With EQX target at $19.50 and SLS target at $1.50. EQX is on a fairly predictable and good trajectory until 2022. I guess it all depends on where SLS ends up. I like EQX and still holding since before the split. I just wish I bought more warrants.

[Bottomfisher]

Let me get this right...so i buy 5 warrants at 70c for 3.50, than add the 15.00 i have to pay to get a share of eqx and 0.25 sls. Total cost is 18.50 - correct?   Lets assume your target price of 19.50,  I would make a profit of 1.00 plus 40c worth of sls.   So, if i buy the eqx share now at 15.30 and sell for the same assumed target price of 19.50, i make 4.20 profit. And

[Aurum1983]

It is a leverage play, at EQX target price of $19.50 and SLS $1.6, warrant at $.70, the gain is 40% ($1.40 over $3.50). If you buy the share EQX only then it's just a gain of 27.5% ($4.20 over $15.30). The risk is like you said, do you think EQX will go over $18.50 before Oct 2021? The answer is clearly affirmative IMO.

[R_J_]

Will I get Solaris shares simply because I have EQX shares? Or is this simply a function that only happens when you redeem your EQX warrants? - I got into the JDL Gold Corp Private Placement in February of 2017. Somewhere, hopefully, I can find where I put those JDL shares and warrants. There was no brokerage involved, I thought that I put them in the safe. - I think that I should have exchanged

[squintman]

No SLS shares for you, that ship sailed a long time ago. Either need to buy directly, or via EQX warrants. V.EQX.WT have a C$3.00 strike price and are due Oct 6, 2021 Upon exercise, each warrant entitles the holder to 0.20 Equinox Gold shares and 0.10 Solaris Copper shares. For example, if five warrants are exercised, the holder pays C$15 and gets one share of Equinox Gold and 0.50 shares of