Change Is On The WayNo point getting into the weeds here without encouragement, But our 2 big shareholders are busily assessing HOW
SolGold's development fits into their future. Let's look at BHP and then Newcrest.
BHP
1) BHP is stuck with a growing investment in Kabanga (nickel/cobalt) which I believe, has metallurgical challenges.
In addition, the Kabanga product needs to get to Dar-es-Salam port and the rail line is comprised of 2 different rail gauges. Lots of corruption, broken contracts, and it goes without saying, lousy Chinese engineering.
2) BHP has mistakenly Supersized its Jansen potash mine. With that comes Supersized risks.
BHP therefore covets Nutrien, a combination which attracts other risks.
3) Cascabel the mine, is shovel-ready. But I suspect the product will go out on rail to port of San Lorenzo. Both the railway and the port need to be rebuilt (read built again). The Ecuador politicians are rightly TERRIFIED that Chinese might end up building this infrastructure (please look up Coca Codo Dam).
Newcrest
1) The Newmont combination will likely go through, making Newmont a shareholder in SolGold.
2) Mr Craig Jones who is a top Newcrest executive, and served on SolGold's board and is presently on board of Lundin Gold, may spring out of this Newmont combination. WE c........
So...............
There are a very few of the pieces as I see them.
In Any event, SolGold price today does Not reflect its current value as a mineable deposit.
JMHO DYODD