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Bullboard - Stock Discussion Forum 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... see more

TSX:SLS - Post Discussion

Solaris Resources Inc > Buyout target price
View:
Post by 5Nlm5an5 on May 06, 2021 5:20pm

Buyout target price

Within 12 months a price double where we are would not be out of the question. This is based on the probable size of Warinza being greater than 2 billion tonnes of 0.6% CU equiv. Minable open pit with a less than 1:1 strip ratio.

Not only that but the balance of the assets will be spun out to shareholders. Only Warinza will be sold. At least initially.
Comment by gwr on May 07, 2021 2:42am
I'll play since I love this story and got my start with lots of free shares compliments of EQX (my position in EQX comes from one of the merged companies and in the private company prior to IPO so very cheap stock) and then added consistently starting at 1.50. Both EQX and SLS are the gifts that keep on giving. I expect a take out of just warinza with other assets spun out to shareholders and ...more  
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