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Solitario Resources Ord Shs T.SLR

Alternate Symbol(s):  XPL

Solitario Resources Corp. is a natural resource exploration company focused on high-quality Tier-1 gold and zinc exploration projects. The Company’s primary business is to acquire exploration mineral properties and/or discover economic deposits on its mineral properties and advance these deposits, either on its own or through joint ventures, up to the development stage of the project. Its projects include Florida Canyon Zinc-Peru, Lik Zinc-Alaska and Golden Crest Gold-South Dakota. The Florida Canyon Zinc project is located approximately eight kilometers (km) from a paved road that connects coastal northern Peru with the Amazon basin. The consolidated Florida Canyon land position stands at 48,700 hectares (120,300 acres). The Lik high-grade zinc project located in northwestern Alaska is an advanced exploration project joint ventured with Teck American Incorporated (Teck). The Golden Crest Gold Project is located in western South Dakota.


TSX:SLR - Post by User

Comment by ubiquitousmanon Mar 20, 2022 10:52pm
181 Views
Post# 34530358

RE:Homestake 2.0 In The Making?

RE:Homestake 2.0 In The Making?Right now XPL has around a $50 market cap and Dakota $300MM.   Dakota also has about $40MM in cash to XPL's $6MM. The thing XPL has are its Lik and Florida Canyon zinc properties which by my estimation are worth maybe $1.50 a share by them selves. Need to get XPL's Homestake acreage a $100MM valuation maybe riding on the coattails of Dakota publicity and some good drill holes.  This could talke the price to nearly $2.50.  Hopefully XPL can get some serious drilling done this year in SD, that is the key I think. Time will tell.
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