Post by
RatPatrol on Mar 18, 2021 3:43pm
3 Questions And 1 Comment For Senior Management
Thank you for this recent presentation.
It's not bad; I'll give you a mark of 64%.
The biggest question surrounding SolGold is one that can't yet be answered.
At least not in public.
HOW MUCH OF A SHADOW DOES MR. CORREA CAST OVER MR ARAUZ?
SolGold can certainly get along with socialist politicians.
Dealing with CORRUPT politicians is tougher.
So on the answer to this question, we'll have to wait.
But there are 3 OTHER Questions where you might at least try to shed light.
1) How are the concentrate products going to get to port? An old, broken down, narrow-guage railroad runs through the jungle but needs work. Is this infrastructure cost built into the PEA? How much will the upgrade cost?
2) A seguay question relates to Llurimagua. To what extent is Alpala's development dependent on development of Llurimagua? (For example, that old railway may be extended to this property also.) These 2 projects should open up a new mining district.
3) How much money (boxcar numbers) is expected to be saved with this new mine plan?
It's the simple thing to toss these kinds of questions into the round file at your feet.
Doing so leaves SolGold stock price facing a bleak future.
It strikes me that part of this delay is to "synchronize" Alpala with Llurimagua.