Post by
StockPick40 on Jul 23, 2021 12:05pm
Will Solaris's Warintza Be Bigger Than Quellaveco?
I'm not sure if it will surpass quellaveco but I like how it looks https://miningfeeds.com/2021/07/22/will-solaris-resourcess-tsxsls-warintza-project-be-bigger-than-anglo-americans-lnaal-quellaveco/
Comment by
Zipolitemexico on Jul 24, 2021 6:44am
This piece from the article says it all for me.... The companys target at Warintza Central alone is to define a copper resource of 1 billion tonnes, which could ultimately see Solaris Resources triple its current valuation, not inclusive of any additional discoveries made on the property.
Comment by
StockPick40 on Jul 30, 2021 11:00am
Filling out the drill results this year will give us a very clear picture of the size of the project. If the rest fo Warintza East, the gap between Central and East as well as Yawi continue to yield the kind of discoveries we've seen, that extrapolation looks very good to put it at least on par with Quellaveco.
Comment by
Stockwizard77 on Jul 30, 2021 10:45pm
Well... Based on the grades you outlined if they proved up 2 billion tones you could be looking at a takeout price of around $70.. Im using the lassonde curve on page 29 of the corporate presentation as a basis for my valuation on market cap. This is turning out to be an absolute monster!!!!!!