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Salazar Resources Ltd V.SRL

Alternate Symbol(s):  SRLZF

Salazar Resources Limited is focused on the discovery, exploration, and development in Ecuador. The Company has a wholly owned pipeline of copper-gold exploration projects across Ecuador, with a strategy to make another commercial discovery and farm-out non-core assets. The Company has carried interests in three projects. At its maiden discovery, Curipamba, it has a 25% stake fully carried through to production. At two copper-gold porphyry projects, Pijili and Santiago, the Company has a 20% stake fully carried through to a construction decision. The Curipamba Project consists of seven concessions located in the provinces of Bolivar and Los Rios, Ecuador. The Pijili project consists of five concessions totaling approximately 3,254 hectares (ha). Pijili is located in the province of Azuay, approximately 150 kilometers (km) from the major port city of Guayaquil. The Santiago Project consists of a single concession that encompasses about 2,350 ha.


TSXV:SRL - Post by User

Bullboard Posts
Comment by TheSlowLaneon Jun 06, 2012 6:18am
193 Views
Post# 19984195

RE: RE: RE: Rip off, Pommesbude!

RE: RE: RE: Rip off, Pommesbude!

The reality of the situation (trying to operate in Ecuador) is plenty bad as it is.  Anyone with a brain can see that.  It does not need any embellishment or insinuations.  If potential investors are not scared off by the FACTS and choose to invest in this stock at this time then I submit that they have a financial death wish. The exception to this is Lundin and Silvercorp, who have made substantial investments in this company.  They have the financial wherewithal to sustain the kind of risk that goes along with this territory and an interest in getting a toe in the water on the off chance that Ecuador actually gets their act together at some point in the future.  

Bullboard Posts