Bullboard - Stock Discussion Forum Solitario Resources Ord Shs T.SLR

Alternate Symbol(s): XPL

Metals & Mining Industrial Metals & Minerals

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... see more

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Solitario Resources Ord Shs > LIK Project takeout around the corner soon?????

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Post by KingTut on Mar 23, 2022 8:28am

LIK Project takeout around the corner soon?????

Chris said on slide 33 "During the past three years, Teck has become increasingly more engaged and enthusiastic concerning Lik. Teck wants to become majority owner and manager of the JV".

then he placed a comparative acquisition value slide on slide 34.

so,.....

likely cash deal given its Teck. Hope we retain a royalty for future.
cash needed for Golden crest and maybe a special dividend to shareholders or even stock buyback.

best to place Golden crest into a spinco early and leave Bongara in XPL with its carried interest with JV partner Nexa. Some cash from XPL moves to new stock and then maybe does a good size raise to go up against Dakota .

Overall, even at close yesterday, the stock has trmendous value. Good luck

I think this gets cleaned up soon.

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