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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 > very good video from Dan
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Post by gwr on Sep 24, 2021 5:18pm

very good video from Dan

https://www.denvergold.org/company-recorded-session/gfa21/393/?content-only=1

Video focusses on things important for a takeout plan, very accurate and valuable insight.  Someone mentioned Trafigura mine in Spain being taken out recently for $2 billion, I was there for the official opening of the mine with all the governement personel that day and i can tell you that the two projects have few similarities and the Solaris project in Ecuador is far superior which will get a much higher valuation when sold.  It is not a stretch to see Solaris hitting 1.5 to 2.0 billion tonnes making it able to generate easily over $100 billion dollars in revenue for a major mining conglomerate during it's life span. 

What is this worth, a very big number probably at least two to three times the Trafigura deal and the best payday ever for Augusta group by far and this may be conservative pending additional significant discoveries.  I know this is hard for investors to understand or wrap their hands and mind around but this is very much possible and highly likely. 

Opportunites like this don't come around often and I have hit a couple in my investing career and missed a couple others from my own stupidity (thinking I was a great trader) but considering I paid nothing for lots of my shares and bought others starting from $1.50 up, I am very happy and expect to be much more happy in the future.  So I would encourage investors to not be stupid or short sighted and don't miss a great opportunity thinking this is a great trade, it is a great investment.
Comment by MrOptimist on Sep 25, 2021 11:26am
Great video and well said. Need to take into account that Ricardo in Chile could also be a monster. I don't think a $35-40 takeout is as absurd as some may think. Warke, lundin, beaty and Dan earle going for the homerun!
Comment by 0checker on Sep 29, 2021 9:46pm
"Has come a new analysis on Solaris from Hannam and Partners with resource base = 619 MT and upside 980 MT. With target price C$26.79 which would value solaris to over 2.5 Billion CAD. For source see @Pamplonatrader on Twitter."
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