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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 mtlimpacton Dec 30, 2011 9:50am
286 Views
Post# 19359218

Buyers

Buyers

If you want to know the biggest reason behind this latest buying in the stock look no further than the news on Chalice Gold (CXN on TSXV) that came out on the 28th. They are selling some of their properties in Eritrea ( 60% interest for between 80- 100 mln + about 34 mln they got from the goverment for the other 40%) to a Chinese company and from what I can calculate Sunridge is a lot bigger in terms of resources. I have sent an e-mail to the company to try and get a feeling as if they were contacted by these buyers and i f not what they are going to do to increase the shareholder value. I will keep you informed if and when I get a response.

 

Looking good for next year.

Bullboard Posts