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Bullboard - Stock Discussion Forum Solgold Ord Shs T.SOLG

Alternate Symbol(s):  SLGGF

SolGold PLC is an Australia-based exploration company. The Company is focused on discovering and developing copper and gold deposits. The Company’s projects include Cascabel, Chical, Rio Amarillo, Chillanes, Salinas, Cisne Victoria, Coangos, Helipuerto, Cisne Loja, Porvenir and Timbara. The Cascabel project is located in Imbabura province, Northern Ecuador. The project covers approximately 50... see more

TSX:SOLG - Post Discussion

Solgold Ord Shs > BHP's CHINESE EXPOSURE
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Post by RatPatrol on Oct 17, 2022 2:52pm

BHP's CHINESE EXPOSURE

BHP's rcent announcements to walk away from high grade deposits in safe jurisdictions with liberal democracies - Oz in Australia and Noront in Canada - has jaded small shareholders from owning BHP shares.

BUT - according to MIKE HENRY.......

                Such deposits ARE EVERYWHERE !!!!!!!!!

Like liquor stores, I guess, one on every street corner.

Furthermore, in an effort to put some large ($$$$$) behind such naivete, he and his board 

                                IGNORE LESSONS FROM THE PAST

To pour cash into central Africa where Chinese are building (and owning in some cases) 

                          Railroad and port monopolies.

                      THE VERY SAME MAY HAPPEN AT CASCABEL  !!!

SolGold's product needs a railroad and a port.
Chinese are altogether willing to FINANCE these

                                 BUT

Are unequipped to build such facilities.

The end of this story is that Chinese owned infrasture will CHARGE such high freight rates as to make SolGold unprofitable.

                                       Note To Mike Henry

It's time to get along with small shareholders - DON'T LEAVE US BEHIND -

                                              OR

BHP will become hostage to China.

                                              We C............................

                                       JMHO DYODD
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