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Solstice Gold Corp V.SGC.W


Primary Symbol: V.SGC Alternate Symbol(s):  SGCPF

Solstice Gold Corp. is a Canada-based exploration company with district-scale gold and lithium projects. Its 35 square kilometers (km2) Strathy Gold Project hosts high grade gold mineralization over a wide area straddling two NE-SW-trending structures. It is located in the Abitibi Subprovince of the Superior Craton. Its Qaiqtuq Gold Project covers 662 km2, hosts a 10 km2 high grade gold boulder field, is fully permitted and hosts multiple drill-ready targets. Qaiqtuq is located in Nunavut, only 26 km from Rankin Inlet and approximately 7 km from the Meliadine Gold Mine owned by Agnico Eagle Mines Limited. The Company's district-scale Atikokan Gold Project is approximately 26 km from the Hammond Reef Gold Project owned by Agnico Eagle Mines Limited. Its 194 km2 Red Lake Extension (RLX) and New Frontier projects are located at the northwestern extension of the prolific Red Lake Camp in Ontario and approximately 45 km from the Red Lake Mine Complex owned by Evolution Mining.


TSXV:SGC - Post by User

Bullboard Posts
Post by StockExpertProon Jan 19, 2014 10:28pm
125 Views
Post# 22109819

Copper Supply Glut...

Copper Supply Glut...Nevsun reaching full-scale copper production is not necessarily a good thing for Sunridge Gold. I discussed this topic several months ago on the message board. Nevsun is contributing to the over supply glut on the copper market currently. We could see downward pressure on copper prices in coming months if the copper surplus continues to remain. There is currently a large surplus inventory of copper on the market that needs to be used up. Furthermore, gold's recent rise has been supported by a drop in equities early in 2014 following a record run-up in stocks last year. However, analysts said that a rising interest-rate environment and a better economic outlook could pressure gold. "In the long run, we are likely to see selloffs in gold especially with more Fed tapering later this year," said Thomas Capalbo, a precious metals trader at Newedge, a brokerage in New York.
Bullboard Posts