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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
Comment by StockExpertProon Jan 21, 2014 2:31am
114 Views
Post# 22114190

RE:Nevsun

RE:NevsunNevsun has stated in the past that they want a World Class mine that is located outside of Eritrea so they can diversify some of their risk. Why would they put all of their eggs in one basket in Eritrea? If a major war breaks out over there they could lose everything. In my opinion Sunridge Gold will not be bought out. The main problem is they are located in a dangerous/violent 3rd world country which is why Sunridge Gold seems to have trouble attracting serious buyout offers. Eritrea is surrounded by a lot of trouble makers in Africa. This could all turn sour at any given moment if something serious happens. Which we all know is possible based on that false alarm many months ago when rebels overtook the radio broadcasting center in Eritrea. Furthermore I do not see a buyout occurring unless you want to count the Chinese Scammers as a legit buyout offer. They are constantly trying to rip-off the company and shareholders. Management at SGC should be very leery of Chinese investors. American investors recently lost many billions of dollars because of Chinese scammers and this was all done on major big board exchanges like Nasdaq and NYSE. A lot of these American investors lost their shirts and most of their retirement savings. The main goal here is to somehow advance SGC into full-scale production within a few years with a well thought out organized plan similar to Nevsun. Plus try and learn from any mistakes that Nevsun may have made a long the way. As I recall they had made a few big ones. I'd like to know what type of security Sunridge Gold has in place at the mining project or will the Eritrea government be providing that as part of the deal with Enamco?
Bullboard Posts