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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

Solstice Gold Corp
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Comment by StockExpertProon Feb 04, 2014 12:36pm
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Post# 22170349

RE:Not a Good Deal! Grandich Was Expecting Upwards of $150 Mil

RE:Not a Good Deal! Grandich Was Expecting Upwards of $150 MilI was predicting that the SGC CEO would get desperate and agree to a bad deal with Enamco but I never dreamed it would be this bad. In my opinion the market will frown upon this deal. Enamco will now own a total 40% stake of SGC for around $18 million dollars. Do the the simple math on this. SGC requires over $500 million for financing plus Enamco owns a 40% stake in the company. SGC needs to find a powerful financier like Ned Goodman who is currently involved with V.WOF - Woulfe Mining.
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